Is it time to start buying CML Microsystems?

Semiconductors developer CML Microsystems (LON: CML) published interims that show modest growth in revenues and flat profit after acquisition costs. The share price has fallen by one-quarter so far this year, but the balance sheet is strong, and the business is outperforming its markets. These addressable markets are worth more than $1bn.

CML Microsystems is focused on the wireless communications market. The newer SuRF product range operates at microwave and millimetre-wave frequencies that ...

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