DGAP-News
DIALOG SEMICONDUCTOR PLC REPORTS PRELIMINARY REVENUE AND CASH FOR Q4 2016 AND FULL YEAR 2016.
DGAP-News: Dialog Semiconductor Plc. / Key word(s): Quarter Results
DIALOG SEMICONDUCTOR PLC REPORTS PRELIMINARY REVENUE AND CASH FOR Q4 2016
AND FULL YEAR 2016.
09.01.2017 / 07:30
The issuer is solely responsible for the content of this announcement.
DIALOG SEMICONDUCTOR PLC REPORTS PRELIMINARY REVENUE AND CASH FOR Q4 2016
AND FULL YEAR 2016.
09.01.2017 / 07:30
The issuer is solely responsible for the content of this announcement.
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Revenue for Q4 2016 up 5% on Q3 2016 to $365 million. Revenue for full year
2016 at $1,198 million.
London, UK, January 9, 2017 - Dialog Semiconductor plc (XETRA: DLG), a
provider of highly integrated power management, AC/DC power conversion,
solid state lighting and Bluetooth(R) Smart wireless technology, today
reports Q4 2016 unaudited preliminary revenue of approximately $365
million, slightly above the mid-point of the guidance range announced on 3
November 2016. As anticipated, during Q4 2016 Mobile Systems performed in
line with expectations and our Bluetooth(R) low energy and Power Conversion
businesses delivered strong year-on-year growth. Unaudited preliminary
revenue for the full year 2016 was $1,198 million.
In line with the strong cash generative nature of the business, in Q4 2016
we expect an increase in cash and cash equivalents of approximately $48
million after $18.5 million relating to the first interim settlement of the
second tranche of the share buyback programme. At 31 December 2016 the
Company anticipates a cash and cash equivalents balance of approximately
$697 million.
The Company is currently finalising its Q4 2016 results and will publish
full and audited results for the year ended 31 December 2016, on the 23
February 2017.
For further information please contact:
Dialog Semiconductor
Jose Cano
Head of Investor Relations
T: +44 (0)1793 756 961
jose.cano@diasemi.com
FTI Consulting London
Matt Dixon
T: +44 (0)20 3727 1137
matt.dixon@fticonsulting.com
FTI Consulting Frankfurt
Anja Meusel
T: +49 (0) 69 9203 7120
anja.meusel@fticonsulting.com
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 2017 Dialog
Semiconductor. All rights reserved.
Note to editors
Dialog Semiconductor provides highly integrated standard (ASSP) and custom
(ASIC) mixed-signal integrated circuits (ICs), optimised for smartphone,
tablet, IoT, LED Solid State Lighting (SSL), and Smart Home applications.
Dialog brings decades of experience to the rapid development of ICs while
providing flexible and dynamic support, world-class innovation and the
assurance of dealing with an established business partner. With world-class
Revenue for Q4 2016 up 5% on Q3 2016 to $365 million. Revenue for full year
2016 at $1,198 million.
London, UK, January 9, 2017 - Dialog Semiconductor plc (XETRA: DLG), a
provider of highly integrated power management, AC/DC power conversion,
solid state lighting and Bluetooth(R) Smart wireless technology, today
reports Q4 2016 unaudited preliminary revenue of approximately $365
million, slightly above the mid-point of the guidance range announced on 3
November 2016. As anticipated, during Q4 2016 Mobile Systems performed in
line with expectations and our Bluetooth(R) low energy and Power Conversion
businesses delivered strong year-on-year growth. Unaudited preliminary
revenue for the full year 2016 was $1,198 million.
In line with the strong cash generative nature of the business, in Q4 2016
we expect an increase in cash and cash equivalents of approximately $48
million after $18.5 million relating to the first interim settlement of the
second tranche of the share buyback programme. At 31 December 2016 the
Company anticipates a cash and cash equivalents balance of approximately
$697 million.
The Company is currently finalising its Q4 2016 results and will publish
full and audited results for the year ended 31 December 2016, on the 23
February 2017.
For further information please contact:
Dialog Semiconductor
Jose Cano
Head of Investor Relations
T: +44 (0)1793 756 961
jose.cano@diasemi.com
FTI Consulting London
Matt Dixon
T: +44 (0)20 3727 1137
matt.dixon@fticonsulting.com
FTI Consulting Frankfurt
Anja Meusel
T: +49 (0) 69 9203 7120
anja.meusel@fticonsulting.com
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 2017 Dialog
Semiconductor. All rights reserved.
Note to editors
Dialog Semiconductor provides highly integrated standard (ASSP) and custom
(ASIC) mixed-signal integrated circuits (ICs), optimised for smartphone,
tablet, IoT, LED Solid State Lighting (SSL), and Smart Home applications.
Dialog brings decades of experience to the rapid development of ICs while
providing flexible and dynamic support, world-class innovation and the
assurance of dealing with an established business partner. With world-class
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