Dialog Semiconductor Q4 Preliminary Revenue Of $431 Mln, Within Guidance Range
(RTTNews.com) - Dialog Semiconductor plc (DLGNF.PK, DLGS) reported preliminary revenue of about US$431 million in the fourth-quarter of 2018, within the guidance range of US$430 million to US$470 million communicated on 31 October 2018.
Preliminary revenue for the full year 2018 was about US$1.442 billion. Advanced Mixed Signal and Connectivity delivered strong year-on-year revenue growth due to the contribution from the acquisition of Silego Technology as well as strong year-on-year revenue growth in rapid charge and Bluetooth low energy products.
Dialog Semiconductor stated that it remains a highly cash generative business and at 31 December 2018 the company anticipates a cash and cash equivalents balance of approximately US$678 million, representing a year-on-year increase of approximately US$199 million, and no debt.
The company said it will publish its audited results for the year ended 31 December 2018 on 6 March 2019.
Read the original article on RTTNews (http://www.rttnews.com/2969041/dialog-semiconductor-q4-preliminary-revenue-of-431-mln-within-guidance-range.aspx)
For comments and feedback: contact firstname.lastname@example.org
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.