Brief: Nordic Semiconductor Q3 EBITDA At $39 Million
BRIEF-Nordic Semiconductor Q3 EBITDA At $39 Million Oct 22 (Reuters) - NORDIC SEMICONDUCTOR ASA NOD.OL:
Q3 GROSS MARGIN 53%
Q3 REVENUE USD 235 MILLION VERSUS. IBES ESTIMATE USD 231.7 MILLION
Q3 EBITDA USD 39 MILLION VERSUS. IBES ESTIMATE USD 39.2 MILLION
NORDIC EXPECTS REVENUE FOR Q4 2026 OF USD 215-235 MILLION
GROSS MARGIN IS EXPECTED TO REMAIN ABOVE 50% ALSO IN Q4
AT THE MIDPOINT OF THE GUIDANCE RANGE, THIS CORRESPONDS TO 31% REVENUE GROWTH FOR THE FULL YEAR 2026, WITH A GROSS MARGIN AT OR ABOVE 52%
YEAR-ON-YEAR INCREASE REFLECTS CONTINUED SOLID DEMAND FROM KEY CUSTOMERS AND A STEADILY GROWING CUSTOMER BASE
OUTLOOK: DEMAND FROM KEY CUSTOMERS REMAINS HEALTHY, WHILE IN THE BROAD MARKET THE COMPANY IS SEEING INCREASED ACTIVITY AMONG EXISTING CUSTOMERS AS WELL AS A GROWING CUSTOMER BASE
Source text: ID:nObiH1gHCa
Further company coverage: NOD.OL
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))