Q2 revenues slightly ahead of recent profit upgrade with a strong margin
26% y-y revenue growth, with 25% growth in BLE and 30% in proprietary
Order backlog up 80% y-y (and 64% q-q) supports strong 2H/20 revenues
We expect a positive share price reaction and will increase our estimates
13 Jul 2020
Q2 first read: Record order backlog up 80%y-y
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Q2 first read: Record order backlog up 80%y-y
Nordic Semiconductor ASA (N0S:BER) | 0 0 0.0%
- Published:
13 Jul 2020 -
Author:
Henriette Trondsen -
Pages:
6
Q2 revenues slightly ahead of recent profit upgrade with a strong margin
26% y-y revenue growth, with 25% growth in BLE and 30% in proprietary
Order backlog up 80% y-y (and 64% q-q) supports strong 2H/20 revenues
We expect a positive share price reaction and will increase our estimates