DSP Group (DSPG) Tops Q1 EPS by 3c

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Go back to DSP Group (DSPG) Tops Q1 EPS by 3c

DSP Group, Inc. Reports First Quarter 2016 Results

April 27, 2016 7:01 AM EDT

LOS ALTOS, Calif., April 27, 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 first quarter ended March 31, 2016.

First Quarter Financial Review:

GAAP and non-GAAP diluted loss per share of $0.13 and $0.08, respectivelyRevenues of $27.7 million, down 27% year-over-yearNon-GAAP gross margin of 42.6%, a 160 basis point improvement year-over-yearNon-GAAP operating loss of $1.9 million, compared to non-GAAP operating income of $2.1 million in the first quarter of 2015Non-GAAP net loss of $1.7 million, compared to non-GAAP... More