Q4 revenue US$431 million, within the October guidance range. Revenue for full year 2018 up 7% year-on-year to US$1,442 million
LONDON, UK / ACCESSWIRE / January 14, 2019 Dialog Semiconductor Plc (XETRA: DLG), a provider of highly integrated power management, Configurable Mixed-Signal IC, AC/DC, solid state lighting and Bluetooth(R) low energy wireless technology, today reports Q4 2018 unaudited preliminary revenue of approximately US$431 million, within the guidance range of US$430 million to US$470 million communicated on 31 October 2018.
Unaudited preliminary revenue for the full year 2018 was approximately US$1,442 million. Advanced Mixed Signal and Connectivity delivered strong year-on-year revenue growth due to the contribution from the acquisition of Silego Technology (completed on 1 November 2017) as well as strong year-on-year revenue growth in rapid charge and Bluetooth(R) low energy products.
Dialog remains a highly cash generative business and at 31 December 2018 the Company anticipates a cash and cash equivalents balance of approximately US$678 million, representing a year-on-year increase of approximately US$199 million, and no debt.
The Company will publish its audited results for the year ended 31 December 2018 on 6 March 2019.
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 2019 Dialog Semiconductor. All rights reserved.
Contact:
Jose Cano
Director, Investor Relations
[email protected]
+44(0)1793756961
SOURCE: Dialog Semiconductor