Earnings Release • Feb 10, 2017
Earnings Release
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Nordic Semiconductor ASA's Fourth Quarter 2016 Results
Nordic Semiconductor ASA Reported Fourth Quarter 2016
revenues of MUSD 52.6 and EBIT of MUSD 1.5, compared
to revenues of MUSD 46.5 and Adjusted EBIT of MUSD 3.8
in Q4 2015.
Bluetooth sales at MUSD 30.6 (58.2% of Q4 2016
revenues), compared to MUSD 28.7 (61.7% of Q4 2015
Revenues). Before tax profits was MUSD 1.3, comparerd
to MUSD 3.3 in Q4 2015.
"Nordic ended an overall disappointing year on a
positive note, with solid growth in Q4 and a healthy
backlog going into 2017" says Svenn-Tore Larsen, CEO
of Nordic Semiconductor ASA.
For more information, please see the attached Fourth
Quarter 2016 report.
Quarterly Presentation
On the release day, Svenn-Tore Larsen, CEO of Nordic
Semiconductor will give a presentation together with
the CFO and the Director of Strategy and IR. The
presentation will take place at 08:00 a.m. CET at Thon
Hotel Vika Atrium Munkedamsveien 45, 0250 Oslo,
Norway.
There will be a live webcast from the presentation
which can be accessed from: www.nordicsemi.com The
presentation will be held in English. A recorded
version of the presentation will also be available
after the broadcast has concluded.
For further information, please contact:
Pål Elstad, CFO
Nordic Semiconductor ASA
Phone: +47 991 66 293
Email: [email protected]
Thomas Embla Bonnerud, Director of Strategy and IR
Nordic Semiconductor ASA
Phone: +47 951 00 257
Email: [email protected]
About Nordic Semiconductor
Nordic Semiconductor has been a pioneer in the field
of ultra-low power wireless solutions since 2002, and
was one of the founding members of the Nokia
initiative which created the Bluetooth Smart standard.
Today, Nordic Semiconductor is by far the market
leader within the ultra-low power wireless segment.
Nordic Semiconductor (NOD) is a public company listed
on the Oslo stock exchange in Norway.
For more information, go to www.nordicsemi.com
This information is subject of the disclosure
requirements acc. to §5-12 vphl (Norwegian Securities
Trading Act)
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