Parthus announces Q4 results which shows a slowing in revenue growth

Parthus announced its financial results for the fourth quarter and for the full year ended 31st December, 2001.

Licensing and royalty revenue grew year-on-year to $ 8.7m up from $ 8.2m in 2000. Total revenue increased year-on-year from $ 9.3m to $ 10.5m, a 13% increase from the previous Q4. Revenue was up by only $ 53,000 on Q3 2001, which showed that revenue growth slowed towards the end of the year.