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Lawsuits settlement puts Creative back in the black for Q3

Published Tue, Apr 30, 2019 · 09:50 PM

Singapore

GAINS of US$17.9 million received from the settlement of patent lawsuits helped Creative Technology return to the black for the third quarter.

The sound card maker posted a net profit of US$10 million for the three months ended March 31, reversing from a loss of US$3.8 million in the same period last year.

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