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Overview
Highlights
News
Chart
Contacts
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| | "Net
income for the 2nd quarter was $13.5 million, or $0.43 per diluted share"
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| Approximate
Financial Snapshot as of 1/29/09 |
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| Shares
Outstanding |
31M |
| 52
Wk Hi/Lo |
50.68/
24.23
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| Market
Cap |
$831M |
| Recent
Price |
$26.08 |
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1.29.09
Hittite
Microwave (HITT)

Website:
www.hittite.com
Over 700 Products and
more than 2,700 customers.
Overview
Hittite (HITT) is an innovative
designer and developer of high performance integrated circuits, or ICs,
modules, subsystems and instrumentation for technically demanding radio
frequency, or RF, microwave and millimeterwave applications.
Products include amplifiers, attenuators,
data converters, frequency dividers and detectors, frequency multipliers,
high speed digital logic, interface, mixers and converters, modulators and
demodulators, oscillators, passives, phase lock loop (PLL), phase shifters,
power detectors, sensors, switches, synthesizers and variable gain
amplifiers.
Hittite's products are used in a variety of
applications and end markets including automotive, broadband, cellular
infrastructure, fiber optic, microwave and millimeterwave communications,
military, space, as well as test and measurement.
The company utilizes radio frequency
integrated circuits (RFIC), monolithic microwave integrated circuits (MMIC),
multi-chip modules (MCM) and microwave integrated circuit (MIC)
technologies.
HITT
Investor Highlights
- The Company expects
revenue for the third quarter ending September 30, 2008 to be in the
range of $44.5 million to $45.5 million and net income to be in the
range of $13.1 million to $13.5 million, or $0.42 to $0.43 per diluted
share.
- Reported revenue for the
second quarter ended June 30, 2008 of $45.0 million, representing an
increase of 19.6% compared with $37.6 million for the second quarter of
2007.
- Net income for the quarter
was $13.5 million, or $0.43 per diluted share, an increase of 10.7%
compared with $12.2 million, or $0.39 per diluted share, for the second
quarter of 2007.
- Has a one year target
price of $41.67.
- Trades at a P/E around 15
with EPS of $1.71.
- Has $186 million on hand
and no long term debt.
Recent
News and Press Releases
Hittite
Microwave Corporation to Release Fourth Quarter 2008 Financial Results on
February 19, 2009
S&P
adds new companies to MidCap, SmallCap indices
Hittite
Microwave Corporation Q3 2008 Earnings Call Transcript
For the latest Quote
and News on HITT Click
Here.
Three
Month Chart

Contacts
Hittite Microwave
20 Alpha Road
Chelmsford, MA 01824
Phone: 978-250-3343
Fax: 978-250-3373
SEC Filings
HITT filings with the SEC can be found here.
All Fillings are current and the Company is fully reporting.
SmallCapReview.com
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Information contained in this report was extracted from current documents
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deemed reliable. For more information see our disclaimer section, a link of
which can be found on our website. This document contains forward-looking
statements, particularly as related to the business plans of the Company,
within the meaning of Section 27A of the Securities Act of 1933 and Sections
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harbor created by these sections. Actual results may differ materially from
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