DIALOG SEMICONDUCTOR REPORTS UNAUDITED PRELIMINARY REVENUE AND CASH FOR Q4 2019
Unaudited preliminary revenue and preliminary underlying revenue for the full year 2019 were approximately US$1,566 million and US$1,420 million respectively (FY 2018: US$1,442 million). Underlying preliminary full year revenue excluding licensed main PMIC products was up 38% year-on-year. Connectivity & Audio delivered strong year-on-year revenue growth due to the strong performance of Bluetooth(R) low energy products. Advanced Mixed Signal preliminary revenue was also up year-on-year on the robust performance of backlighting products as well as growth in rapid charge and Configurable Mixed-signal ICs.
The business performance in 2019 gives us a solid foundation to achieve our long-term financial targets.
Dialog remains a highly cash generative business and at 31 December 2019 the Company held preliminary cash and cash equivalents of approximately US$1,025 million, representing a year-on-year increase of approximately US$347 million.
The Company will publish its audited results for the year ended 31 December 2019 on 4 March 2020.
For further information please contact: Dialog SemiconductorJose Cano Head of Investor Relations T: +44 (0)1793 756 firstname.lastname@example.org
FTI Consulting London Matt Dixon T: +44 (0)20 3727 email@example.com
FTI Consulting Frankfurt Anja Meusel T: +49 (0) 69 9203 firstname.lastname@example.org
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 2020 Dialog Semiconductor. All rights reserved.Contact: Jose Cano Director, Investor Relations email@example.com +44(0)1793756961
13.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Dialog Semiconductor Plc. Tower Bridge House, St. Katharine's Way E1W 1AA London
United Kingdom Phone: +49 7021 805-412 Fax: +49 7021 805-200 E-mail: firstname.lastname@example.org Internet: www.dialog-semiconductor.com ISIN: GB0059822006 WKN: 927200 Indices: MDAX, TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 952599 End of News DGAP News Service