| Business Summary | | Celeritek,
Inc.
designs
and
manufactures
gallium
arsenide
(GaAs),
semiconductor
components
and
GaAs-based
subsystems
used
in
the
transmission
of
voice,
video
and
data
over
wireless
communication
networks.
The
Company's
products
are
designed
to
facilitate
broadband
voice
and
data
transmission
in
mobile
handsets
and
wireless
communication
network
infrastructures.
The
Company's
GaAs
semiconductor
components
mainly
consist
of
power
amplifiers
for
mobile
handsets,
which
employ
code
division
multiple
access
wireless
technology.
The
Company's
GaAs-based
subsystems
are
used
in
point
to
point
and
point
to
multipoint
microwave
radios
addressing
the
high
capacity
wireless
SONET/SDH
networks.
In
addition,
the
Company
sells
its
subsystem
products
to
major
defense
contractors. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Celeritek,
Inc.
designs,
develops,
manufactures,
and
markets
high
frequency
radio
products
that
provide
core
transmit
and
receive
functions
for
wireless
communications
systems.
For
the
three
months
ended
6/30/01,
revenues
fell
29%
to
$14
million.
Net
loss
totalled
$5.1
million
vs.
an
income
of
$701
thousand.
Results
reflect
decreased
sales
of
semiconductor
products
into
infrastructure
applications,
continued
weakness
in
the
broadband
wireless
markets
and
higher
SG&A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Tamer Husseini, 58 Chairman,
Pres and CEO | $319K | -- | Margaret Smith, 53 CFO,
VP-Fin. | 189K | -- | William Hoppin, 38 VP
of Sales and Marketing | 218K | $617K | Perry Denning, 54 VP,
Semiconductor Division | 274K | -- | Richard Finney, 51 VP,
Subsystem Division | 195K | -- | Dollar
amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|