Dialog reported its Q1 17 results. Sales were up 12% yoy at $271m, following the good performance in Mobile Systems (+8.8% yoy, $204.4m). Power Conversion’s growth continued normalising ($29.3m, +22.1%), while Connectivity kept accelerating ($26.6m, +29.1%). The gross margin came in at 45.2% (up 70bp yoy and down 50bp sequentially), while the EBIT margin reached 10.7%, corresponding to a 350bp increase yoy. For Q2 17, the company is expecting revenues in the $235-265m range, correspondi
09 May 2017
Q1 in line, all eyes already turned towards H2 and beyond
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Q1 in line, all eyes already turned towards H2 and beyond
Direct Line Insurance Group Plc (DLG:LON) | 193 0 0.0% | Mkt Cap: 2,536m
- Published:
09 May 2017 -
Author:
Charles Bordes -
Pages:
3
Dialog reported its Q1 17 results. Sales were up 12% yoy at $271m, following the good performance in Mobile Systems (+8.8% yoy, $204.4m). Power Conversion’s growth continued normalising ($29.3m, +22.1%), while Connectivity kept accelerating ($26.6m, +29.1%). The gross margin came in at 45.2% (up 70bp yoy and down 50bp sequentially), while the EBIT margin reached 10.7%, corresponding to a 350bp increase yoy. For Q2 17, the company is expecting revenues in the $235-265m range, correspondi