08.01.2018 07:45:02

DGAP-News: Dialog Semiconductor Plc.

DGAP-News: Dialog Semiconductor REPORTS UNAUDITED PRELIMINARY REVENUE AND CASH FOR Q4 2017 AND FULL YEAR 2017.Record Q4 revenue up 27% year-on-year to US$463 million. Revenue for full year 2017 up 13% year-on-year to US$1,353 million.

DGAP-News: Dialog Semiconductor Plc. / Key word(s): Sales Result
DIALOG SEMICONDUCTOR REPORTS UNAUDITED PRELIMINARY REVENUE AND CASH FOR Q4 2017 AND FULL YEAR 2017.Record Q4 revenue up 27% year-on-year to US$463 million. Revenue for full year 2017 up 13% year-on-year to US$1,353 million.

08.01.2018 / 07:45
The issuer is solely responsible for the content of this announcement.


London, UK, January 8, 2018 - Dialog Semiconductor plc (XETRA: DLG), a provider of highly integrated power management, AC/DC, solid state lighting and Bluetooth(R) low energy wireless technology, today reports Q4 2017 unaudited preliminary revenue of approximately US$463 million, slightly above the high-end of the guidance range announced on 7 November 2017.

Excluding the impact from the acquisition of Silego Technology Inc. on 1 November 2017, Q4 2017 revenue was up 24% year-on-year. Unaudited preliminary revenue for the full year 2017 was approximately US$1,353 million and Mobile Systems, Connectivity, and Automotive & Industrial delivered double digit year-on-year revenue growth.

Dialog remains a highly cash generative business and at 31 December 2017 the Company anticipates a cash and cash equivalents balance of approximately US$480 million. As expected, the decrease in cash and cash equivalents of approximately US$156 million from the prior quarter reflects the funding of the acquisitions of Silego Technology Inc. and the LED Backlighting technology from ams AG.

The Company is currently finalising its Q4 2017 results and will publish full and audited results for the year ended 31 December 2017, on 28 February 2018.


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 2018 Dialog Semiconductor. All rights reserved


Contact:
Jose Cano
Director, Investor Relations
jose.cano@diasemi.com
+44(0)1793756961


08.01.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Dialog Semiconductor Plc.
Tower Bridge House, St. Katharine's Way
E1W 1AA London
United Kingdom
Phone: +49 7021 805-412
Fax: +49 7021 805-200
E-mail: jose.cano@diasemi.com
Internet: www.dialog-semiconductor.com
ISIN: GB0059822006
WKN: 927200
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

643381  08.01.2018 

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