Dialog Semiconductor Plc : Better-than-expected Q2 results, Q3 guidance rather in line (but solid)
>Q2 2020 results above expectations - This morning, Dialog reported its Q2 2020 earnings, which were above expectations. Revenues came in at $ 302m at the very high end of the updated guidance of $ 290/305m (previous guidance was $ 260/290m. Latest company consensus was at $ 291m, but the FactSet consensus (probably more up to date) showed $ 298m. Underlying revenues was down 10%, mainly the results of the expected decline in the main PMIC, partially offset by mixed s...Dialog Semiconductor is engaged in creating and marketing mixed signal integrated circuits for personal, portable, hand-held devices, low energy short-range wireless, LED solid-state lighting and automotive applications. Co. has four segments: Mobile Systems, which includes its power management and audio chips for the wireless systems markets; Automotive and Industrial, which markets products that address the safety, management and control of electronic systems in cars and for industrial applications; Connectivity, with activities that include short-range wireless, digital cordless, Bluetooth and VoIP technology; and Power Conversion, which includes its AC/DC converter solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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