NRSDY - Nordic Semiconductor ASA (NDCVF) CEO Svenn-Tore Larsen on Q4 2021 Results - Earnings Call Transcript

Nordic Semiconductor ASA (NDCVF) Q4 2021 Results Earnings Conference Call February 3, 2022, 02:00 AM ET Company Participants Svenn-Tore Larsen - Chief Executive Officer and President Pål Elstad - Chief Financial Officer and Executive Vice President, Finance Steel Ytterdal - Senior Vice President, Investor Relations Conference Call Participants Presentation Svenn-Tore Larsen Welcome to the Nordic Semiconductor Quarterly Presentation for Fourth Quarter 2021. It's been an eventful quarter, and we are pleased to go through the presentation with you all. Our revenue grew to $171.2 million and our margin were 58.9%. And the underlying gross margin, I would say, was 53%. Pål will go through our margin in details later on in the presentation. We did increase prices to distribution in December last year. Bluetooth revenue accounted for $136 million, a growth of 39% since last year. Cellular revenue ended at $5.9 million, very much capped by supply from our vendor.

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Nordic Semiconductor ASA (NDCVF) CEO Svenn-Tore Larsen on Q4 2021 Results - Earnings Call Transcript