DSP Group (DSPG) Reports Q4 EPS of $0.04, Slight Miss on Revenues

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DSP Group, Inc. Reports Fourth Quarter 2018 and Full Year Results

February 4, 2019 7:00 AM EST

SAN JOSE, Calif., Feb. 04, 2019 (GLOBE NEWSWIRE) -- DSP Group®, Inc. (NASDAQ: DSPG), a leading global provider of wireless chipset solutions for converged communications, announced today its results for the fourth quarter and year ended December 31, 2018.

Fourth Quarter Business and Financial Highlights:

Total revenues of $26.1 million, a year-over-year decrease of 17%:° Revenues from growth initiatives of $15.5 million accounted for 59% of total revenues, a year-over-year increase of 1%. Office/VoIP segment revenues of $8.5 million, a year-over-year decrease of 10%.SmartVoice segment revenues of $4.1 million, a year-over-year increase of... More