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Article: Tripath Technology Inc. Reports Fourth Quarter and Fiscal Year 2002 Results; Achieves 20% Annual Revenue Growth.
- Article from:
- Business Wire
- Article date:
- January 30, 2003
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Business Editors/High-Tech Writers
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 30, 2003
Tripath Technology Inc. (Nasdaq:TRPH), creators of Digital Power Processing (DPP(R)) and Class-T(TM) digital audio amplifiers, today reported financial results for its fourth quarter and fiscal year 2002.
Revenues for fiscal year 2002 were $16.2 million, a 20 percent increase over revenues of $13.5 million for fiscal year 2001. Revenues for the fourth quarter ended December 31, 2002, were $2.9 million, an increase of 7% over revenues of $2.7 million for the third quarter of fiscal 2002 and a decrease of 12 percent from revenues of $3.3 million for the ...