Centillium Revenues up 22% Sequentially, Cites 24 Mbps DSL in Japan

Centillium Communications reported Q2 revenue of $33.9 million, a 22% increase from the $27.8 million of revenues for Q1 2003, and a decrease of 1% from revenues of $34.4 million for Q2 2002. The GAAP net loss for Q2 was $511,000, or $0.01 per share. Centillium said the DSL market in Japan continues to grow, adding approximately 1.2 million new subscribers in Q2, for a total of 8.3 million lines in use at the end of June nationwide. Japan is a key marker for Centillium, where its customers are migrating to silicon systems supporting 24 Mbps ADSL service. The company also noted increased sales to China.
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