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austriamicrosystems Reports Increase in Revenues
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austriamicrosystems reports preliminary unaudited financial information for full year and fourth quarter 2010.
austriamicrosystems Reports Increase in Revenues / Picture: © Austria Microsystems
Full year 2010 group revenues increased sharply to € 209.4 m, growing by 53% from € 137.2m for 2009. Fourth quarter group revenues 2010 were € 57.9m, 32% higher compared to the fourth quarter 2009 (27% in constant currency) and sequentially up 4% from the third quarter 2010.
Gross margin for full year 2010 was 48%, a strong increase from 34% reported for 2009 given the…
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