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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  Nordic Semiconductor ASA    NOD   NO0003055501

NORDIC SEMICONDUCTOR ASA (NOD)
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Nordic Semiconductor ASA :'s Second Quarter 2018 Results

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07/12/2018 | 07:01am CET

Nordic Semiconductor ASA Reported Second Quarter 2018 revenues of MUSD 71.2 and EBIT of MUSD 5.7, compared to revenues of MUSD 58.7 and EBIT of MUSD 4.8 in Q2 2017.

Bluetooth sales at MUSD 52.3, compared to MUSD 36.0. Net profit after tax was MUSD 4.3, compared to MUSD 3.9 in Q2 2017.

"With growth in revenue and gross margins, combined with a tight cost control, we showed strong earnings improvement over the previous Quarter. This coupled with a growing customer base, proves that we are on track for improved profitability in 2018." says Svenn-Tore Larsen, CEO of Nordic Semiconductor ASA.

For more information, please see the attached Second Quarter 2018 report.

Quarterly Presentation

On the release day, Svenn-Tore Larsen, CEO of Nordic Semiconductor will give a presentation together with the CFO. The presentation will take place at 08:00 a.m. CET at Thon Hotel Vika Atrium Munkedamsveien 45, 0250 Oslo, Norway.

There will be a live webcast from the presentation which can be accessed from: www.nordicsemi.com The presentation will be held in English. A recorded version of the presentation will also be available after the broadcast has concluded.

For further information, please contact:

Svenn-Tore Larsen, CEO
Nordic Semiconductor ASA
Phone: +47 982 85 476


Pål Elstad, CFO
Nordic Semiconductor ASA 
Phone: +47 991 66 293 


About Nordic Semiconductor

Nordic Semiconductor has been a pioneer in the field of ultra-low power wireless solutions since 2002, and was one of the founding members of the Nokia initiative which created the Bluetooth Low Energy standard. Today, Nordic Semiconductor is by far the market leader within the ultra-low power wireless segment. Nordic Semiconductor (NOD) is a public company listed on the Oslo stock exchange in Norway.

For more information go to www.nordicsemi.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

Click here for more information: http://www.newsweb.no/index.jsp?messageId=455437

© Oslo Bors ASA, source Oslo Stock Exchange

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Financials ($)
Sales 2018 284 M
EBIT 2018 25,8 M
Net income 2018 14,7 M
Finance 2018 99,3 M
Yield 2018 -
P/E ratio 2018 52,42
P/E ratio 2019 26,60
EV / Sales 2018 2,46x
EV / Sales 2019 2,01x
Capitalization 796 M
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Technical analysis trends NORDIC SEMICONDUCTOR ASA
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 7,12 $
Spread / Average Target 60%
EPS Revisions
Managers
NameTitle
Svenn-Tore Larsen Chief Executive Officer
Tore Valderhaug Chairman
Pål Elstad Chief Financial Officer
Svein-Egil Nielsen Chief Technology Officer
Anne-Cecilie Fagerlie Director
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