Business Services Industry
Cirrus Logic Reports 23 Percent Sequential Revenue Growth in Fiscal Q2
DVD News, October, 2003
DVD News 10-24-2003 Cirrus Logic Reports 23 Percent Sequential Revenue Growth in Fiscal Q2 DVD NEWS-24 October 2003-Cirrus Logic Reports 23 Percent Sequential Revenue Growth in Fiscal Q2 (C)1999-2003 DVD News. Distributed for AM Newswire Inc via M2 Communications Ltd (www.m2.com).
Cirrus Logic announced financial results for the second quarter of fiscal 2004, ended Sept. 27, 2003. The company reported second quarter revenue of $50.1 million, up 23 percent from $40.7 million reported in the first quarter. Second quarter gross margins were 51.9 percent, up from 48.5 percent in the first quarter. Second quarter combined research and development and selling, general and administrative expenses were $32.6 million, an improvement from $33.2 million in the prior...
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