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Zoran Corporation Reports Third Quarter 2008 Results

SUNNYVALE, Calif. (October 27, 2008) — Zoran Corporation (Nasdaq GS: ZRAN), a leading provider of digital solutions for applications in the digital entertainment and digital imaging markets, today reported results for its third quarter ended September 30, 2008.
Revenues for the third quarter were $126.1 million, compared to $128.7 million last quarter and $146.4 million for the third quarter of 2007. The Company reported a third quarter GAAP net loss of $154.2 million, or $3.01 per share, (…)