Edinburgh microchip firm Wolfson revealed a return to the high-score charts after posting a 59% increase in first-quarter revenues.
The firm which has picked up new orders from a string of smartphone, tablet and computer gaming manufacturers, including Samsung and Chinese giant Lenovo said its income of $48.1 million was up significantly on the $30.3m total posted during the first three months of last year.
That helped the firm reduce losses to $6.3m in the period, down from $8.4m the previous year.
And Wolfson said it expected to see quarter two sales of between $44m and $54m and increase of between 33% and 44% depending on the timing of client product launches, with a further “step up” during the second half.
Audio hubs formed 85% of Q1 revenues, while sales of microphone components also grew ahead of a strong year in prospect.
Gross margins are also expected to improve, thanks to what the company described as a “more favourable product mix”.
Chief executive Mike Hickey said Wolfson was “well-positioned”, but the result was not as encouraging as investors had hoped.
N+1 Singer analysts Pia Tapley and Tintin Stormont said second quarter forecasts were “slightly light” against expectations.