Fiscal Year 2013.pdf

fy13.pdf
Preview of Fiscal Year 2013
🔗 Source: creative.com
📊 Size: 781 KB
📄 Pages: 64 pages
⬇️ Downloads: 102

Summary

Creative Technology Ltd's fiscal 2013 was difficult due to uncertain market conditions, resulting in lower revenues of $165 million, a 14% decrease from $192 million in 2012. However, the company achieved an improvement in operating results, with a 33% gross profit margin, up from 19% in 2012, and a net profit of $17 million, compared to a net loss of $84 million in 2012. The company launched new products, including the Sound BlasterAxx AXX 200 sound system, and introduced new sound cards and headsets, providing potential growth opportunities. Despite challenging market conditions, the company is well-positioned to re-grow its business with a lower operating cost structure and plans to monetize its patent portfolio.

Description

Creative Technology Ltd's fiscal 2013 was difficult due to uncertain market conditions, resulting in lower revenues of $165 million, a 14% decrease from $192...

Technical Information

  • File Format: PDF
  • File Size: 781 KB
  • Pages: 64
  • Language: EN
  • Total Downloads: 102
  • Last Updated: 1 week ago

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