Dialog Semiconductor Reports Both Q4 2012 and Full Year 2012 [Manufacturing Close - Up]
(Manufacturing Close - Up Via Acquire Media NewsEdge) Dialog Semiconductor plc, a provider of integrated power management, audio and low energy short range wireless technologies, announced a stronger than anticipated end of year, underpinned by a late surge in demand for Smartphone and Tablet products.
In what is traditionally the strongest revenue quarter, the Company now expects to report Q4 2012 revenue of $268 million.
According to the Company, this represents a 56 percent year on year growth and a 14 percent increase from the upper end of the $215 - $235 million outlook range given on 31 October 2012. Full year revenue is expected to end at approximately $774 million, representing 47 percent growth over 2011.
Dialog expects an increase in cash and cash equivalents of $34 million in Q4 2012. At the end of the year ended 31 December 2012 the company expects a cash and cash equivalent balance of $313 million.
The Company is currently finalising its Q4 2012 results and will publish full and audited results for the year ended 31 December 2012 on Wednesday 20 February 2013.
Dialog Semiconductor will hold a conference call on 20 February 2013 at 09.00 UK /10.00 CET. Dialog Semiconductor invites you to take part in this results call and to listen to management's discussion of the Company's Q4 and full year 2012 performance.
To access the call please use the following dial-in numbers: Germany 0800 101 4960, UK 0800 694 0257, USA 1866 966 9439 and Rest of World +44(0)1452 555 566, with no access code required. An instant replay facility will be available for 30 days after the call and can be accessed at +44(0)1452 550 000 with access code 86698933#. An audio replay of the conference call will also be posted soon thereafter on the company's website at: http:// www.dialog-semiconductor.com/investor-relations
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