Dublin-based Parthus Technologies today reported a second quarter net loss, excluding amortisation and non-cash stock compensation from acquisitions, of $3.3 million.
The revenues for the quarter were $10.2 million, up 30 per cent on the previous year.
Parthus said the current trading climate in the semi-conductor industry made it difficult to give a clear picture of future earnings.
But the company said it was still confident of reaching profitability in 2002 and that its long-term prospects remained strong.