Brief: Nordic Semiconductor Q3 Revenue At USD 159 Mln

Nordic Semiconductor ASA

24/10/2024 06:04

Oct 24 (Reuters) - NORDIC SEMICONDUCTOR ASA  NOD.OL :
    * REVENUE OF USD 159 MILLION FOR Q3 2024
    * FOR Q4, COMPANY EXPECTS REVENUE OF USD 130-150 MILLION,
AND A
GROSS MARGIN OF AROUND 50%.
    * YEAR-ON-YEAR REVENUE INCREASE PRIMARILY REFLECTS STRONGER
DEMAND
IN CONSUMER SEGMENT
    * BLUETOOTH REVENUE AMOUNTED TO USD 143.1 MILLION IN Q3 2024
    * DUE DILIGENCE PROCESSES FOR NOVELDA AS ACQUISITION WILL
START
IMMEDIATELY AND IS PLANNED TO BE CONCLUDED NO LATER THAN BY THE
END OF NOVEMBER.

Source text for Eikon:  ID:nObiDrMJSa 
Further company coverage:  NOD.OL 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))