Nordic Semiconductor ASA (GB:0FF9) has released an update.
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Nordic Semiconductor ASA saw an 18% increase in third-quarter revenue to USD 159 million, driven by strong consumer demand. The company maintains a steady gross margin of 50% and expects continued growth, with projected fourth-quarter revenue between USD 130-150 million. Additionally, Nordic plans to launch its new nRF54 Series at the upcoming Electronica fair, signaling ongoing innovation in the ultra-low power wireless market.
For further insights into GB:0FF9 stock, check out TipRanks’ Stock Analysis page.
