Monday, December 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > Optical Storage > Cirrus ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, October 25, 2004
Cirrus Logic's Revenues Down


Cirrus Logic Inc. saw revenues slide and net loss grow in Q3 on lower than expected sales of audio converters for DVD players, primarily in the Chinese market.

Cirrus's fiscal Q2 revenue came in at $51.3 million compared with $59.1 million in its fiscal Q1 and $50.1 million for Q2 last year.

Gross margin for the quarter was 44.7 percent, lower than the 53.6 percent in the previous sequential quarter and 51.9 percent in Q2 a year ago.

Net loss at the Austin, Texas-based company in Q2 totaled $15.1 million or 18 cents per share and included $8 million of expenses for software write-offs, restructuring and acquisition related items. That compares to a net loss of $3.4 million in the previous sequential quarter and net income of $21.1 million for Q2 of 2004, which included one-time benefits of $31.7 million. Two months ago Cirrus announced plans to lay off 7 percent of its workforce.


Previous
Next
IBM shows off security laptops        All News        HDTV to be 17% of European TV market in 2009, says firm
Media Supply Goes 100% Plextor On DVD And CD Copier Towers     Optical Storage News      Quanta Storage adds to investment in China subsidiary

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Cirrus Logic Ships Audio DSP Featuring Dolby Volume Technology
Cirrus Delivers Single-Chip Audio Processor for Blu-ray, HD DVD Formats
Cirrus Logic Boosts Audio DSP with Greater Performance
Cirrus to Sell Video Business
Cirrus Logic Software Cuts Consumer Confusion, Eliminates Need to `Finalize' Recorded DVD Disc Media
New Cirrus Logic DVD Recorder Platform Enables Breakthrough Ease of Use and $99 Retail Price Targets
Cirrus Logic Delivers Highest Audio Performance for Six-, Eight-Channel Digital-to-Analog Converters
Cirrus Logic Software Supports Video Recording Onto Multiple DVD Media Formats
Cirrus Logic USB-DVR 3.0 converts analog and digital Video into MPEG-2 video for instant DVD burning
Cirrus Logic DVD Processor Enables Playback Of MPEG-4-Based Codecs
Philips, ESS, LSI and Cirrus Logic to each ship over 100,000 DVD recorder chips to Taiwan this month
Cirrus Logic announces new MPEG encoder chips for DVD recorders

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .