KIRCHHEIM & TECK, GERMANY: Dialog Semiconductor plc, a leading provider of power management semiconductor solutions, has achieved year-on-year growth in revenue of approximately 36 percent for the year ended 31 December 2010. It expects to report record revenue of $296.6 million for full year 2010 and $87.5 million for Q4 2010, exceeding the upper limit of the $290-295 million outlook range for 2010 given on 26 October 2010.
Dialog's cash, cash equivalents and restricted cash balances have increased in Q4 2010 by $12.6 million to stand at an estimated $158 million at 31 December 2010.
Associated with the 42 percent increase in share price during Q4 2010, an additional non operating charge of approximately $3.0 million related to share based compensation charges was incurred.
The company is currently finalising its Q4 2010 results and will publish full and audited results for the year ended 31 December 2010 on Thursday, 10 February 2011.
Monday, January 17, 2011
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