Spectra7 Microsystems sees a 400% increase in 3Q topline growth year-over-year



Spectra7 Microsystems CEO Raouf Halim joined Proactive New York to discuss the provider of analog semiconductor products’ third quarter financial results.

Halim says the San Jose, California-based group expects to report revenue of $1.5 million, compared to $0.3 million in the third quarter of 2020, representing an increase of more than 400% year-over-year. He adds its backlog has reached ‘record highs’ of $7.2M and the group is expecting to double revenue for the next quarters.

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