Vitesse Reports Results for Second Quarter of Fiscal 2002

4/16/2002 - Vitesse Semiconductor Corporation (NASDAQ:VTSS) ("Vitesse" or the "Company") today reported results for the second quarter of fiscal 2002 ended March 31, 2002. Revenues in the second quarter of fiscal 2002 were $42.1 million, a decrease of 65% from the $121.8 million in the second quarter of fiscal 2001 and an increase of 8% from the $39.1 million in the first quarter of fiscal 2002. For the six month period ended March 31, 2002, revenues were $81.2 million, a 72% decrease over the $286.8 million for the six month period ended March 31, 2001.

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