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Audience revenue rises on higher demand from key customers
May 2, 2013 / 8:20 PM / in 5 years

Audience revenue rises on higher demand from key customers

May 2 (Reuters) - Audience Inc reported a 52 percent rise in quarterly revenue due to strong demand for its audio chips from its customers Samsung Electronics Co Ltd , Dell Inc and Huawei.

Net income rose to $4.6 million, or 20 cents per share, in the first quarter from $4.2 million, or 16 cents per share, a year earlier.

Revenue rose to $47.2 million from $31.1 million.

Audience makes chips that improve voice quality in mobile devices by filtering out background noise.

Its biggest client is Samsung, which accounted for 48 percent of its sales last year.

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