AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Nordic Semiconductor

Earnings Release Feb 10, 2015

3680_rns_2015-02-10_c5912ce9-1c09-4445-80fa-8b496f1dcb87.html

Earnings Release

Open in Viewer

Opens in native device viewer

Nordic Semiconductor ASA: Nordic Semiconductor ASA's Fourth Quarter 2014 Results.

Nordic Semiconductor ASA: Nordic Semiconductor ASA's Fourth Quarter 2014 Results.

Oslo, February 10, 2015: Nordic Semiconductor ASA

reported fourth quarter 2014 revenues of MUSD 45.2

and EBIT of MUSD 6.3, compared to last year with

revenues of MUSD 35.6 and EBIT of MUSD 4.6. The full

year revenues were MUSD 167.0, representing an

increase of 34% compared to 2013.

Sales from Bluetooth Smart represented more than

half of fourth quarter revenues, compared to 38%

last quarter. This marks the first time that sales

from Bluetooth Smart exceeds sales from our legacy

proprietary business.

Before tax profits were MUSD 7.6 in the fourth

quarter, compared to MUSD 4.7 last year.

Basic and diluted EPS from total operations was USD

0.042 in the fourth quarter, compared to USD 0.020

last year.

For more information, please see the attached fourth

Quarter 2014 report.

"2014 was the year Nordic saw a tripling in

Bluetooth smart revenues, to MUSD 63. It was also

the year in which Nordic Semiconductor reached the

long term goal of generating more than one billion

NOK in revenues", says Svenn-Tore Larsen, CEO of

Nordic Semiconductor ASA.

Quarterly Presentation

On the release day, Svenn-Tore Larsen, CEO of Nordic

Semiconductor will give a presentation together with

the CFO. 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.no. 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]

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, with 250 million wireless components sold

last year. The company also serves on the Board of

Bluetooth SIG. Nordic Semiconductor (NOD) is a

public company listed on the Oslo stock exchange in

Norway.

For more information go to www.nordicsemi.no

This information is subject of the disclosure

requirements acc. to §5-12 vphl (Norwegian

Securities Trading Act)

Talk to a Data Expert

Have a question? We'll get back to you promptly.