Nordic Semiconductor drops after Q3 earnings miss

Nordic Semiconductor ASA

29/10/2025 08:14

** Shares in Nordic Semiconductor NOD.OL fall around 6% after the Norwegian fabless chip maker posted Q3 EBITDA below estimates due to higher payroll and acquisition-related costs

** Nordic Semiconductor's third-quarter EBITDA stood at $16 million compared to an IBES estimate forecast of $22.8 million

** "EBITDA was 240bps below cons expectations at 10.2% due to increases in payroll expenses," Jefferies says

** It also notes the "less impressive" results in bluetooth low energy revenue growth particularly in the industrial and the healthcare areas

** The group also guided for a Q4 revenue between $155 million and $175 million and a gross margins above 50%

 (Reporting by Antonis Pothitos)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))