DSP Group (DSPG) Tops Q3 EPS by 3c

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DSP Group, Inc. Reports Third Quarter 2015 Results

October 28, 2015 7:01 AM EDT

HDClear Started High Volume Shipments to a Tier 1 OEM

Contribution From New Products at 28% of Revenues

LOS ALTOS, Calif., Oct. 28, 2015 (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, 2015.

Financial Results Highlights:

GAAP and Non-GAAP diluted EPS of $0.01 and $0.07, respectively, both exceeding guidanceRevenues of approximately $35.2 million, down 4% year-over-year, in-line with the mid-point of... More