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.
Blog That A-Ha Moment Larry Desjardin 10 comments Have you ever had an a-ha moment? Sure, you have. The Merriam-Webster dictionary defines it as "a moment of sudden realization, inspiration, insight, recognition, or ...