DSP Group (DSPG) Tops Q1 EPS by 2c
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DSP Group, Inc. Reports First Quarter 2017 Results
April 27, 2017 7:01 AM EDTFirst Quarter GAAP Gross Margin of 43.8% and Non-GAAP Gross Margin of 44.2%, Exceeding Guidance
Office/VoIP Revenues of $6.6 Million, 30% Year-over-Year Increase
LOS ALTOS, Calif., April 27, 2017 (GLOBE NEWSWIRE) -- DSP Group®, Inc. (NASDAQ: DSPG), a leading global provider of wireless chipset solutions for converged communications, announced today its results for the first quarter ended March 31, 2017.
First Quarter Financial Review:
GAAP and non-GAAP diluted loss per share of $0.13 and $0.05, respectivelyRevenues of $27.9 million, up 1% year-over-yearGAAP and non-GAAP gross margin of 43.8% and 44.2%,... More