Dialog Semiconductor Plc : Trading update: Q2 sales forecast raised thanks to home-working and -learning
>Q2 sales forecast raised thanks to home-working and -learning - Dialog Semiconductors indicated last night that it was expecting Q2 2020 sales of between $Â 290m and $Â 305m vs the previous forecast of $Â 260m-290m. This means that the mid-point of the guidance is $ 297.5m vs $Â 275m, i.e. 8% higher. The consensus pre-publication forecast was for sales of $Â 268m. The new mid-point of the guidance is therefore 11% higher than the consensus. The group did not mention marg...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.
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