Broadcom Chips Away at Net Loss

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Broadcom Corp. said Thursday that its net loss for the third quarter was $6.3 million (2 cents per share), versus $183.3 million (68 cents) in the year-earlier quarter and $891.7 million ($3.08) in the second quarter of 2003.

The chip-maker posted net revenue of $425.6 million, up 46.8% from $290 million in the third quarter of 2002 and up 12.6% from $377.9 million in the second quarter of 2003.

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