Product category: Power Supply ICs and Controllers
News Release from: Dialog Semiconductor
Edited by the Electronicstalk Editorial Team on 21 October 2005
Buoyant sales for Dialog
Dialog Semiconductor has reported revenues of Eur 40.6 million for the third quarter of 2005, an increase of 28.7% compared with Eur 31.6 million for Q3 2004
Operating profit of Eur 1.7 million (Q3 2004: Eur 14,000) and a net income of Eur 1.9 million (Q3 2004: Eur 0.1 million) were achieved. EPS in Q3 2005 was Eur 0.04 after Eur 0.00 a year ago. Free cash flow was positive at Eur 6.7 million due to the operating profits and reduction in working capital.
Related stories
Dialog maintains 30% growth
Dialog Semiconductor has reported sales of Eur 31.6 million for the third quarter of 2004, a sequential increase of 4% over Q2 2004, and a 36% increase compared with Eur 23.2 million for Q3 of 2003
Quarter brings significant improvement
Dialog Semiconductor has reported sales of Eur 23.2 million for the third quarter of 2003, a 30% increase compared with the third quarter of 2002
Dr Jalal Bagherli, the newly appointed CEO said: 'We are encouraged by the development of our business during the third quarter where we saw buoyant sales and significantly higher levels of profitability'.
'There were strong sales to our key customers particularly for our audio and power management products'.
'Our objective remains to extend the diversification of our customer base with greater use of standard products for the mobile handset market'.
'This year Dialog has introduced an exciting range of new products, most recently a new system level power management IC which is applicable to a broad range of portable electronic equipment'.
'Dialog has a responsive technology development programme and an enviable record of delivering innovative products for the ever more sophisticated devices demanded by today's mobile customers'.
'The board's search for external investors and partners for the imaging business progressed in the period and will continue into Q4'.
'On a personal note, I am very pleased by my initial impressions of Dialog's employees, technology and its market potential'.
'Customer demand for Dialog products remains strong and I am confident that this will continue for the remainder of the year'.
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