Peregrine Semiconductor Corp., the San Diego-based maker of high-speed, radio frequency chips, reported third-quarter revenue of $43 million, down from $60 million for the like quarter of 2013.
The company had a net loss of $3.1 million in the quarter, compared to a net profit of $4.4 million for the like quarter of last year.
In August, Peregrine said it agreed to be acquired by Japan’s Murata Electronics North America for an announced price of about $477 million.
Anticipating that the merger will close before the end of this year, Peregrine said it is not providing any guidance for the fourth quarter, or conducting a conference call on its financial results for that quarter.
The transaction still requires stockholder and various regulatory approvals. A special shareholders meeting is scheduled for Nov. 19.