YOU ARE AT:Archived ArticlesParthus expects return to profit in second half

Parthus expects return to profit in second half

DUBLIN, Ireland—Wireless data platform maker Parthus Technologies plc announced its results for the quarter ended March 31, showing growth in its licensing and royalty revenue and expectations of a return to profitability in the second half.

The company’s total revenue was $10.7 million. Its net loss was $2.4 million. Parthus also reiterated its plans to merge with the Internet protocol licensing subsidiary of DSP Group Inc.

ABOUT AUTHOR