MEMSIC, Inc. (Nasdaq: MEMS) today announced financial results for the fourth quarter ended December 31, 2010.
Revenues rose to $11.4 million from $5.6 million in the fourth quarter of 2009.
Net loss in the 2010 fourth quarter was $1.1 million, or $0.05 per diluted share, compared to net loss of $0.8 million, or $0.03 per diluted share, in the prior-year period.
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