Company meets Q2 guidance, reporting a record second quarter revenue of $159.5 million, representing year-on-year growth of 37.4%
Dialog Semiconductor plc (DLG.F), a provider of highly integrated innovative power management, audio and low energy short range wireless technologies, today reports results for its second quarter ending 29 June 2012.
Q2 2012 Financial Highlights
- Revenue for Q2 2012 was $159.5 million, an increase of 37.4% over Q2 2011
- Incremental gross margin improvement of 0.6 percentage points in the quarter
- Q2 2012 IFRS operating profit (EBIT) was $13.4 million or 8.4% of revenue with underlying(*) operating profit of $16.9 million or 10.6% of revenue
- Q2 2012 underlying(*) EBITDA(**) of $24.4 million or 15.3% of revenue, compared to $20.4 million or 17.6% in the prior year
- Q2 2012 underlying(*) diluted earnings per share of 20 cents, compared to 24 cents in Q2 2011
- Remain confident in our ability to meet current market revenue expectations for the full year 2012