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Wireless

Dialog sees 16% higher revenues, 31% higher operating profit for Q2

Monday 16 July 2018 | 09:10 CET | News
Chipmaker Dialog Semiconductor, which recently confirmed it was interested in buying Synaptics, gave a preliminary view into its second quarter results, saying it expects higher than forecast profits, mainly driven by manufacturing cost efficiencies partially offset by its product mix. The company said revenues for the quarter are seen up 16 percent to USD 296 million, the operating profit 31 percent higher to USD 26 million, with the gross margin slipping to 48 percent form 48.4 percent and cash and cash equivalents sliding 16 percent to USD 537 million.

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