Elpida Memory Posts Wider Q3 Loss

Elpida Memory Inc

reported a wider fiscal third-quarter net loss. Elpida Memory posted a quarterly net loss of Y42.1 billion, versus a net loss of Y29.6 billion, in the year-earlier period. Its operating loss fell to Y43.8 billion from Y26.9 billion. Elpida Memory's revenue dropped 38.4% to Y59.8 billion from Y97.1 billion.