Wolfson Microelectronics has been making losses for a while.
In 2012 the company made loss after tax of $6.1 million on revenues of $179.7 million. In 2011 the company made a loss after tax of $17.9 million on revenues of $156.9 million. So things are getting better.
The company made profits after tax of about $1 million or about 2 percent of revenues of about $50 million in the last two quarters of 2012.
There is therefore hope of an improved profit in 1Q13 to be announced shortly.
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.