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: 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 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)