Recap: DSP Q3 Earnings

Shares of DSP Gr DSPG remained unaffected after the company reported Q3 results.

Quarterly Results

Earnings per share fell 50.00% over the past year to $0.05, which beat the estimate of $0.03.

Revenue of $26,020,000 declined by 16.18% year over year, which beat the estimate of $26,010,000.

Guidance

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

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

How To Listen To The Conference Call

Date: Nov 02, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/hvdbb6wy

Technicals

Company's 52-week high was at $18.77

Company's 52-week low was at $10.26

Price action over last quarter: down 11.31%

Company Profile

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.