DLGNF - Dialog Semi reports strong preliminary Q3 sales

Dialog Semiconductor (DLGNF) reports stronger than expected Q3 revenue of $386M, above the high end of the $340-380M guidance and the $363.1M consensus.The company attributes the strength to improving trends across its portfolio, particularly PMICs, Bluetooth Low Energy, and CMICs driven by consumer demand for headphones, wearables, notebooks, and tablets.Dialog expects this end market trend to continue in Q4.The company will report full Q3 results on November 5.In August, Dialog reported Q2 results with revenue down 37% Y/Y to $302.3M.

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Dialog Semi reports strong preliminary Q3 sales