Hittite Microwave Corporation reported financial results for the first quarter of 2009 with revenue of $38.2 million, a decrease of 11.8% from the first quarter of 2008. Net income was $10.2 million, a decrease of 22% from the first quarter of 2008. Six of the company's eight markets experienced sequential declines in demand. The company expects revenue for the second quarter of 2009 to be between $38.5-39.5 million with net income of $9.5-10.5 million.