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Inside Secure's Q3 revenues fall 21% on lower royalties

Friday 19 October 2018 | 11:46 CET | News
Inside Secure reported third-quarter revenues of USD 9.1 million, down 21 percent year-on-year. The company said that this contraction reflected the anticipated drop in royalties from the exceptionally high revenues posted in Q3 2017, mainly earned from a US customer in the defense industry. When excluding the contribution of this US customer, third-quarter revenues from the core software and silicon IP business increased by 18 percent year-on-year.

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: Inside Secure
Countries: World
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