DSP Group, Inc. (NASDAQ:DSPG) is reporting third quarter financial results on Monday 2nd November 2020, before market open.
According to analysts surveyed by Thomson Reuters, DSPG is expected to report 3Q20 income of $ 0.03 per share from revenue of $ 26.01 million.
For the full year, analysts anticipate top line of $ 109.33 million, while looking forward to income of $ 0.08 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 24.00 million ~ $ 28.00 million
Click Here For More Historical Outlooks Of DSP Group, Inc.
Previous Quarter Performance
DSP Group, Inc. unfold income for the second quarter of $ 0.06 per share, from the revenue of $ 28.34 million. The quarterly earnings decreased 14.29 percent while revenues declined 2.24 percent compared with the same quarter last year. The top line results outshined analysts by $ 0.34 million or 1.21 percent.
Stock Performance
On Friday, shares of DSP Group, Inc. has traded high as $ 13.72 and has cracked $ 13.07 on the downward trend, reaching $ 13.17 with volume of 88.70 thousand shares.
According to the previous trading day, closing price of $ 13.17, representing a 33.04 % increase from the 52 week low of $ 10.26 and a 27.28 % decrease over the 52 week high of $ 18.77.
The company has a market capital of $ 309.70 million and is part of the Technology sector and Semiconductors industry.
Conference Call
DSP Group, Inc. will be hosting a conference call at 8:30 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dspg.com
DSP Group, Inc., a fabless semiconductor company, provides wireless and audio chipset solutions for converged communications. It operates through three segments: Home, Office, and SmartVoice. The company provides a portfolio of wireless chipsets that integrate DECT/CAT-iq, ULE, Wi-Fi, PSTN, HDClear, video, and VoIP technologies.
