There were previous periods when the company reported better earnings, but they were mostly lifted by one-off wins from its string of intellectual property battles.
Creative Technology, which has been suffering from declining revenue for years, has reversed the trend, due to better sales of new products amid stronger demand from the work-from-home crowd.
For 1HFY2021 ended Dec 31 2020, the maker of audio products recorded revenue of US$47.5 million, up 52% y-o-y. From losses of US$8.5 million in 1HFY2020, the company reported earnings of US$45,000.
