DSP Group (DSPG) Tops Q3 EPS by 6c
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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