DSP Group (DSPG) Tops Q3 EPS by 6c
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- Discover Financial Services (DFS) Announces CEO Resignation
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- AMC Entertainment (AMC) Enters $250M ATM Agreement
DSP Group, Inc. Reports Third Quarter 2016 Results
October 31, 2016 7:00 AM EDTThird Quarter Revenues Up 10% Year-over-Year
New Product Revenues Increase 70% Year-over-Year to a Record $16.6 Million
LOS ALTOS, Calif., Oct. 31, 2016 (GLOBE NEWSWIRE) -- DSP Group®, Inc. (NASDAQ: DSPG), a leading global provider of wireless chipset solutions for converged communications, announced today its results for the third quarter ended September 30, 2016.
Third Quarter Financial Highlights:
GAAP and non-GAAP diluted earnings per share of $0.23 and $0.19, respectivelyRevenues of $38.8 million, up 10% year-over-year, above the mid-point of guidanceGAAP and non-GAAP gross margin of... More