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  ATI Reports Second Quarter Financial Results
Time: 11:19 EST/16:19 GMT | News Source: Press Release | Posted By: Byron Hinson

ATI Technologies, Inc, a world leader in the design and manufacture of innovative 3D graphics and digital media silicon solutions, today announced its financial results for the second quarter of its 2003 fiscal year, which ended February 28, 2003. Revenues for the second quarter were $318.5(1) million compared to $322.0 million in the first quarter of fiscal 2003. Gross margin was 28.9 per cent, rising 1.6 percentage points from 27.3 per cent in the first quarter. Operating expenses, excluding amortization of intangible assets and other charges(2), increased $0.7 million to $80.3 million compared to the first quarter.
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