Micrel, Inc. announced financial results for the fourth quarter and full year ended December 31, 2011.
Fourth quarter revenues of $58.8 million decreased by $5.5 million, or 8.5 percent, from $64.2 million in the third quarter of 2011. The sequential decrease in revenues was primarily due to lower demand across the Company’s product lines. Compared to the same period last year, revenues were lower by $16.9 million, or 22.3 percent, due to lower overall demand from customers in most geographies and end markets.