08.01.2018 07:45:02
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DGAP-News: Dialog Semiconductor Plc.
DGAP-News: Dialog Semiconductor Plc. / Key word(s): Sales Result 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.
FTI Consulting London FTI Consulting Frankfurt 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. |
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 |
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643381 08.01.2018
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