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Wireless

Dialog revenues up 16% to USD 296 mln in Q2

Thursday 2 August 2018 | 12:01 CET | News
Chipmaker Dialog Semiconductor, which recently ended talks to acquire Synaptics, reported second quarter revenues up 16 percent year on year to USD 296 million, boosted by growth from all operational segments and the contribution from Silego Technology, acquired in October 2017 for USD 276 million. The company said its operating profit climbed 31 percent year on year to USD 26.2 million with its gross margin dipping to 48.0 percent form 48.4 percent and cash and cash equivalents sliding to USD 537 million, around USD 106 million below the year-earlier figure.

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Categories: Mobile & Wireless
Companies: Dialog Semiconductor / Synaptics
Countries: World
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