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General

DSP revenues recover in Q1, pulled up by SmartVoice, SmartVoice segments

Monday 6 May 2019 | 16:21 CET | News
DSP Group said revenues for the first quarter lifted 1 percent from the year earlier to USD 28.3 million, as expected. The company had earlier said sales would recover in Q1 after a lower 2018 and then grow on a sequential basis. The figure was pulled down by lower revenue at Cordless, down 25 percent to USD 10.6 million, offset by gains at Unified Communications, up 13 percent to USD 9.4 percent, at SmartVoice, where revenues jumped 162 percent to USD 4.1 million, and at SmartHome, where they advanced 2 percent to USD 4.2 percent. The net loss meanwhile narrowed to USD 1.1 million from a

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Categories: General
Companies: DSP Group
Countries: World
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