Oslo, October 16, 2014: Nordic Semiconductor ASA
reported third quarter 2014 record revenues of MUSD
49 and EBIT of MUSD 9.8, compared to last quarter
with revenues of MUSD 41.4 and EBIT of MUSD 5.7
Revenues were at a record high for Nordic
Semiconductor this quarter. This is attributed to
higher sales volumes of Bluetooth Smart components.
Sales of Bluetooth Smart Technology rose to a 38% of
revenues in the quarter. Q-o-Q revenues from the
sales of Bluetooth Smart increased from MUSD 12.2 to
MUSD 18.4, representing a 51% increase. Our EBIT
result of MUSD 9.8 was very strong, claiming a second-
best in Nordic operations.
Before tax profits were MUSD 10.2 in the third
quarter, compared to MUSD 5.9 million in the previous
quarter.
Basic and diluted EPS from total operations was USD
0.043 in the third quarter, compared to USD 0.025 in
the previous quarter.
"Over the past year we have experienced a large
growth in the demand for our products, and especially
our ground breaking Bluetooth® Smart wireless
technology products. Important design wins within all
market segments makes us confident that we will be
able to triple our revenues from Bluetooth® Smart in
2014 compared to last year", says Svenn-Tore Larsen,
CEO of Nordic Semiconductor ASA.
For more information, please see the attached third
quarter 2014 report.
Quarterly Presentation
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
Felix Konferansesenter, Bryggetorget 3 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: pal.elstad@nordicsemi.no
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 200 million wireless components sold
last year. The company also serves as Chairman of the
Board of the 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)