Chip designer MIPS Technologies (MIPS) is -11.8% after reporting Q2 profits of 11 cents/share -...

|About: MIPS Technologies, Inc. (MIPS)|By:, SA News Editor

Chip designer MIPS Technologies (MIPS) is -11.8% after reporting Q2 profits of 11 cents/share - up from 7 cents/share in last year's Q2 - but disappointing revenue. Royalty and licensing revenues from semiconductor companies rose 44% to $21.9M - missing the analysts' forecast of $22.3M.