May 1 Audio chipmaker Audience Inc
reported a 23.5 percent fall in quarterly revenue and posted a
loss for the third consecutive quarter, hurt by weak sales to
The company reported a loss of $7.2 million, or 32 cents per
share, in the first quarter ended March 31 compared with a
profit of $4.6 million or 20 cents per share, a year earlier.
Revenue fell to $36.1 million from $47.2 million.
Audience makes chips that improve voice quality in mobile
devices by filtering out background noise.
(Reporting by Aurindom Mukherjee in Bangalore; Editing by Savio