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Product category: Intellectual Property Cores
News Release from: Virage Logic
Edited by the Electronicstalk Editorial Team on 04 May 2007

Results make strategic changes necessary

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Virage Logic Corp has reported second quarter financial results, with reduced revenues of US $10.6 million.

Virage Logic Corp has reported financial results for the second quarter and the six-month period of fiscal year ended 31st March 2007 Revenue for the second quarter of fiscal 2007 was US $10.6 million, compared with $15.2 million for the comparable quarter of fiscal 2006 and $11.5 million in the prior quarter