ParthusCeva reports $1.1m loss for third quarter

PARTHUSCEVA, the microchip designer, has reported a net loss for the third quarter of its financial year to the end of September.

The company is a global leader in the area of licensing Digital Signal Processor (DSP) cores and solutions to the semiconductor market.

Its third quarter net loss of $1.1m was a drop from net income of $32,000 during the corresponding period last year. However, the figure included a restructuring charge of $1.4m.