Tuesday, April 27, 2010

Cirrus Logic Sees 27 Percent Increase In Revenues

Austin-based Cirrus Logic, a developer of analog and digital signal processing semiconductors, said today that the firm saw a 27 percent increase in its annual revenues for 2010. The firm said that its revenues for fiscal year 2010 totaled $221M, up 27 percent from fiscal year 2009, when it had revenues of $174.6M. Revenues for its most recently quarter were $62.6M, up 87 percent compared to $33.5M during the firm's Q4 2009. The publicly held firm did not give reasons for the revenue surge.