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Jul 31st, 2013
Wolfson Microelectronics narrows H1 pretax loss
Wolfson Microelectronics narrowed its first-half pretax loss to £8.8 million, from a loss of $11.4 million. Revenue was $93.5 million, from $70.6 million.
"The Company expects to return to strong revenue growth within the subsequent couple of quarters as customer inventory normalises, customer new products launch and revenues from higher value Audio Hubs and MEMS microphones both become material," it said.
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