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Archive Home > 2007 > January > 26 > Microsemi's quarterly profits drop

Microsemi's quarterly profits drop

U.S. defense spending means stable future

By Chuck Chiang / The Bulletin
January 26, 2007

The company that acquired Bend-based Advanced Power Technology Inc. posted lower profits last quarter, according to a financial report released Thursday.

Despite the lower net income, however, officials from Irvine, Calif.-based Microsemi Corp. said the company's defense-related business....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.