Picture of Nordic Semiconductor ASA logo

NODo Nordic Semiconductor ASA News Story

0.000.00%
se flag iconLast trade - 00:00
TechnologySpeculativeLarge CapHigh Flyer

Nordic Semi seen higher after Q1 beat, strong outlook

** Shares in Norwegian wireless chipmaker Nordic Semiconductor NOD.OL are seen rising at the open after a strong outlook and better-than-expected Q1 revenue and core earnings

** "The  above  seasonal  strength was driven by growth across both consumer (PC accessories & gaming flagged) and industrial & healthcare customers as well as broad market," says Jefferies

** The broker adds Nordic's Q2 outlook is also strong at $210 million at the mid-point

   ** Nordic Semiconductor's Frankfurt-listed shares up 1.7% in thin vols. Stock up over 36% YTD

 (Reporting by Danilo Masoni)

Recent news on Nordic Semiconductor ASA

See all news