BCD Semiconductor announced its financial results for the fourth quarter of 2010 and full-year 2010 as of December 31, 2010.
Financial report shows that in the fourth quarter of 2010, BCD Semiconductor achieved revenue of US$31.6 million, a decrease of 18.1% from the previous quarter and a year-on-year increase of 14.1%; gross margin was 31.8%, which was lower than the previous quarter's 34.7%; operating expenses were US$5.9 million, compared with 2010 The third quarter was flat. In the same period of 2009, operating expenses were US$6 million; operating profit was US$4.1 million and operating profit margin was 13%, which was significantly lower than the US$7.4 million and 19.3% in the previous quarter; net profit was US$3.8 million. It was significantly lower than the 7 million US dollars in the third quarter of 2010, a drop of 45.7% from the previous quarter.
In fiscal year 2010, BCD Semiconductor achieved a total revenue of US$132.8 million, an increase of 31.7% from US$108 million in 2009; gross margin reached 32.8% in 2009 and 25.4%; operating expenses were US$22.1 million, higher than in 2009. 19.3 million U.S. dollars; operating profit was 21.4 million U.S. dollars, and in 2009 it was 6.3 million U.S. dollars; net profit was 20.4 million U.S. dollars, much higher than the previous year's 6.9 million U.S. dollars.
Financial report shows that in the fourth quarter of 2010, BCD Semiconductor achieved revenue of US$31.6 million, a decrease of 18.1% from the previous quarter and a year-on-year increase of 14.1%; gross margin was 31.8%, which was lower than the previous quarter's 34.7%; operating expenses were US$5.9 million, compared with 2010 The third quarter was flat. In the same period of 2009, operating expenses were US$6 million; operating profit was US$4.1 million and operating profit margin was 13%, which was significantly lower than the US$7.4 million and 19.3% in the previous quarter; net profit was US$3.8 million. It was significantly lower than the 7 million US dollars in the third quarter of 2010, a drop of 45.7% from the previous quarter.
In fiscal year 2010, BCD Semiconductor achieved a total revenue of US$132.8 million, an increase of 31.7% from US$108 million in 2009; gross margin reached 32.8% in 2009 and 25.4%; operating expenses were US$22.1 million, higher than in 2009. 19.3 million U.S. dollars; operating profit was 21.4 million U.S. dollars, and in 2009 it was 6.3 million U.S. dollars; net profit was 20.4 million U.S. dollars, much higher than the previous year's 6.9 million U.S. dollars.
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