MIPS Tech (MIPS $4.36 -1.74) reported fourth quarter earnings of $0.04
per share, excluding non-recurring items, $0.03 worse than the Capital IQ
Consensus Estimate of $0.07.
Revenues fell 24.5% year/year to $17.6 million versus the $19.7 million
consensus.
"We had strong results for our fiscal year, but our fourth quarter proved to be
more challenging than we expected. Despite macroeconomic uncertainty, we remain
confident in the market opportunity, and we are taking the steps necessary to
achieve long-term success."






