The company reported Q2 revenue of $218.6M, exceeding expectations by $6.87M and marking a 33.2% year-over-year increase.
Nordic Semiconductor posted Q2 GAAP earnings per share of $0.08 as revenue surged 33.2% year-over-year to $218.6M, beating estimates by $6.87M. The strong top-line performance reflects continued demand for its semiconductor solutions.
Adjusted EBITDA reached USD 36.3 million, or 16.6% of revenue, while operating profit totaled USD 22.3 million for the quarter. The company also provided its Q3 outlook, signaling confidence in sustained growth.
Shares showed muted reaction in early trading as investors digested the results and forward guidance.