Analogue semiconductor company Advanced Analogic Technologies has reported financial results for the fourth quarter and fiscal year ended 31 December 2010.
Net revenue for the fourth quarter of 2010 was $24m (£14.9m), an increase of 15.2 per cent over net revenue of $20.8m for the fourth quarter of 2009 and a decrease of 3.9 per cent from net revenue of $25m for the third quarter of 2010.
Net revenue for the fiscal year was $94.1m, up 8.7 per cent from net revenue of $86.5m for 2009.
The company ended the quarter with $87.4m in cash, cash equivalents, and short-term investments.
