Recap: DSP Group Q1 Earnings

Shares of DSP Gr DSPG were flat in pre-market tradiafter the company repng orted Q1 results.

Quarterly Results

Earnings per share fell 180.00% year over year to ($0.04), which missed the estimate of ($0.02).

Revenue of $28,239,000 lower by 0.13% year over year, which missed the estimate of $29,010,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: May 04, 2020

Time: 01:03 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/p3n4c8en

Recent Stock Performance

52-week high: $18.74

52-week low: $10.26

Price action over last quarter: Up 8.51%

Company Overview

DSP Group provides wireless chipset solutions for converged communications, delivering system solutions that combine semiconductors and software with reference designs. It provides a broad portfolio of wireless chipsets integrating DECT, Wi-Fi, PSTN and VoIP technologies with state-of-the-art application processors. It also enables converged voice, audio and data connectivity across diverse and enterprise consumer products, from cordless and VoIP phones to home gateways and connected multimedia screens. The company operates through three segments Home, Unified Communications and SmartVoice. The majority of the revenue is earned from the sale of wireless chipset solutions for converged communication at home.