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Vitesse Semiconductor (FRA:VTSN) Net Income : €-13.46 Mil (TTM As of Dec. 2014)


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What is Vitesse Semiconductor Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Vitesse Semiconductor's Net Income for the three months ended in Dec. 2014 was €-4.09 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2014 was €-13.46 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Vitesse Semiconductor's Earnings per Share (Diluted) for the three months ended in Dec. 2014 was €-0.06.


Vitesse Semiconductor Net Income Historical Data

The historical data trend for Vitesse Semiconductor's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vitesse Semiconductor Net Income Chart

Vitesse Semiconductor Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.30 -10.77 -0.86 -16.51 -14.03

Vitesse Semiconductor Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.92 -4.22 -3.23 -1.93 -4.09

Vitesse Semiconductor Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Vitesse Semiconductor's Net Income for the fiscal year that ended in Sep. 2014 is calculated as

Net Income(A: Sep. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-13.762+-0.265+0+0.0010000000000012
=-14.03

Vitesse Semiconductor's Net Income for the quarter that ended in Dec. 2014 is calculated as

Net Income(Q: Dec. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-4.052+-0.036+0+-8.8817841970013E-16
=-4.09

Net Income for the trailing twelve months (TTM) ended in Dec. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-13.46 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vitesse Semiconductor  (FRA:VTSN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Vitesse Semiconductor's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2014 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Vitesse Semiconductor Net Income Related Terms

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Vitesse Semiconductor (FRA:VTSN) Business Description

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Vitesse Semiconductor Corp is incorporated in Delaware. The Company is a supplier of high-performance integrated circuits (ICs) that are used by manufacturers of networking systems for Carrier and Enterprise networking applications. The Company designs, develops and markets a diverse portfolio of high-performance, low-power and cost-competitive networking and connectivity IC solutions. The Company's customers include networking original equipment manufacturers (OEMs) and original design manufacturers (ODMs) worldwide such as Alcatel-Lucent, Ciena, Cisco Systems, Dell, IBM, Ericsson, Fiberhome, Hewlett-Packard, Huawei Technologies, Juniper Networks, Nokia Siemens Networks, Samsung, Tellabs, ZTE, and ZyXel.

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