EZchip Semiconductor Q4 Profit Rises - Quick Facts

(RTTNews) - EZchip Semiconductor Ltd. (EZCH) reported fourth-quarter net income of $6.5 million, or $0.22 per share, compared to $4.8 million, or $0.17 per share, prior year. Net income, on a non-GAAP basis, was $10.1 million, or $0.34 per share for the fourth quarter of 2013.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.34 for the quarter. Analysts' estimates typically exclude special items.

Total revenues were $20.1 million, an increase of 32% compared to $15.2 million in the fourth quarter of 2012. Analysts expected revenue of $20.06 million for the quarter.