logo
Plus   Neg
Share
Email

Dialog Semiconductor Raises Q2 Revenue Outlook On Stronger Demand For Tablets, Notebooks

Dialog Semiconductor Plc (DLGNF.PK,DLGS) raised its second-quarter revenue outlook, due to stronger than expected demand for tablets, notebooks and wearable products, driven by the recent global shift to a "work and learn from home" environment.

The company currently expects to continue to benefit from positive momentum in demand for these devices during third-quarter.

The company now expects revenue for the second-quarter 2020 to be higher and in the range of US$290 million to US$305 million. Previously, it was expected that revenue for the second-quarter to be in the range of US$260 million to US$290 million.

The company will publish its results for the quarter ending 26 June 2020 on 5 August 2020.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
American Airlines has extended its offer to waive change fees for customers who purchase tickets for travel, until March 31 in response to lower travel demand due to the coronavirus pandemic. This means that travelers are provided additional flexibility by not asking them to pay penalties for changing the origin and destination cities. Lancaster Foods LLC has recalled certain conventional processed butternut squash items citing the potential to be contaminated with Listeria Monocytogenes, the U.S. Food and Drug Administration said. The products recalled included Autumn Medley, Butternut Squash Noodles, Butternut Squash Planks, Squash Noodle Medley, Butternut Squash Chunks, and Veggie Rice Blend in various measures. Amazon.com Inc. has offered to help the newly sworn-in US President Joe Biden with speedy delivery of Covid-19 vaccines across the United States amid the ongoing pandemic crisis. The e-commerce giant, whose majority of workers are in the frontline of the pandemic, reiterated its request to prioritize its essential workers to receive the vaccines at the earliest appropriate time.
RELATED NEWS
Follow RTT