DSP Group, Inc. (DSPG) Tops Q1 EPS by 7c

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Go back to DSP Group, Inc. (DSPG) Tops Q1 EPS by 7c

DSP Group, Inc. Reports Third Quarter 2014 Earnings

November 3, 2014 7:00 AM EST

LOS ALTOS, Calif., Nov. 3, 2014 (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, 2014.

Financial Results Highlights:

Non-GAAP diluted EPS of $0.10 and GAAP diluted EPS of $0.03, both exceeding guidance Revenues of approximately $36.7 million, an increase of 4% YoY and 1% sequentially Gross margins of 39.6%, compared to 39.0% in the comparable period last year Non-GAAP operating income of $2.3 million, representing 6% of revenues GAAP operating profit and GAAP net income of $0.6 million and $0.8... More