Abstract: A processing circuit for a magnetoresistive rotary speed sensor (13) or the like having a comparator (11) with switching hysteresis for converting an analog sensor signal into a digital switching signal. An apparatus is provided at the input side of the comparator in order to alternately supply each of the comparator inputs, as a function of the switching signal at the output side of the comparator, symmetrically with a given hysteresis signal as a switching threshold. This apparatus also includes a preamplifier (15) which precedes the comparator non-inverting input and which amplifies the sensor signal, and an offset amplifier (18) of the same construction which precedes the comparator inverting input and which amplifiers an offset signal of a preceding offset network (21). The processing circuit provides a simple, integrable circuit which suppresses offsets and compensates for temperature and supply voltage fluctuations and any spread in tolerances of the circuit components.