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General

DSP reports lower Q4 on legacy ops, but sees new initiatives coming into their own this year

Thursday 1 February 2018 | 16:16 CET | News
DSP Group reported lower results for its fourth quarter, pulled down by the long-term decline of its cordless business. CEO Ofer Elyakim noted however that the company, which has been investing for years in new product initiatives, had reached an inflection point and that it was well positioned for significant long term revenue growth and margin expansion. Elyakim said that in particular that growth at unified communications, voice user interface and IoT is expected to outpace losses at the legacy cordless telephone business in 2018 and to drive dynamic revenue growth and margin expansion

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Categories: General
Companies: DSP Group
Countries: World
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