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.
Replay available now: A handful of emerging network technologies are competing to be the preferred wide-area connection for the Internet of Things. All claim lower costs and power use than cellular but none have wide deployment yet. Listen in as proponents of leading contenders make their case to be the metro or national IoT network of the future. Rick Merritt, EE Times Silicon Valley Bureau Chief, moderators this discussion. Join in and ask his guests questions.