ACCESS Newswire
14 Jan 2020, 00:07 GMT+10
Q4 revenue US$381 million, above the mid-point of the November guidance range. Underlying full year 2019 revenue US$1,420 million, excluding licensed main PMIC products, up 38% year-on-year. Cash and cash equivalents at US$1,025 million.
LONDON, UK / ACCESSWIRE / January 13, 2020 / Dialog Semiconductor Plc (XETRA:DLG), a provider of power management, Configurable Mixed-signal IC, AC/DC, backlighting and Bluetooth(R) low energy wireless technology, today reports Q4 2019 unaudited preliminary revenue of approximately US$381 million (Q4 2018: US$431 million), above the mid-point of the guidance range of US$350 million to US$390 million communicated on 6 November 2019.
Unaudited preliminary revenue and preliminary underlying revenue for the full year 2019 were approximately US$1,566 million and US$1,420 million respectively (FY 2018: US$1,442 million). Underlying preliminary full year revenue excluding licensed main PMIC products was up 38% year-on-year. Connectivity & Audio delivered strong year-on-year revenue growth due to the strong performance of Bluetooth(R) low energy products. Advanced Mixed Signal preliminary revenue was also up year-on-year on the robust performance of backlighting products as well as growth in rapid charge and Configurable Mixed-signal ICs.
The business performance in 2019 gives us a solid foundation to achieve our long-term financial targets.
Dialog remains a highly cash generative business and at 31 December 2019 the Company held preliminary cash and cash equivalents of approximately US$1,025 million, representing a year-on-year increase of approximately US$347 million.
The Company will publish its audited results for the year ended 31 December 2019 on 4 March 2020.
For further information please contact:
Dialog Semiconductor
Jose Cano
Head of Investor Relations
T: +44 (0)1793 756 961
[email protected]
FTI Consulting London
Matt Dixon
T: +44 (0)20 3727 1137
[email protected]
FTI Consulting Frankfurt
Anja Meusel
T: +49 (0) 69 9203 7120
[email protected]
Dialog and the Dialog logo are registered trademarks of Dialog Semiconductor Plc or its subsidiaries. All other product or service names are the property of their respective owners. (c) Copyright 2020 Dialog Semiconductor. All rights reserved.
Contact:
Jose Cano
Director, Investor Relations
[email protected]
+44(0)1793756961
SOURCE: Dialog Semiconductor Plc.
Get a daily dose of San Francisco Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to San Francisco Star.
More InformationNEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
MOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...
CAIRO, Egypt: This week, both Hamas and Israel shared their views ahead of expected peace talks about a new U.S.-backed ceasefire plan....
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...