DGAP-Adhoc: Dialog Semiconductor Plc.: Dialog Semiconductor updates its Q2 2020 revenue outlook

DGAP-Ad-hoc: Dialog Semiconductor Plc. / Key word(s): Change in Forecast 
DIALOG SEMICONDUCTOR UPDATES ITS Q2 2020 REVENUE OUTLOOK 
 
23-Jun-2020 / 23:37 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*London, UK, 23 June 2020* - Dialog Semiconductor Plc (XETRA: DLG), 
increases its Q2 2020 revenue outlook. 
 
On 6 May 2020, Dialog indicated that it expected revenue for Q2 2020 to be 
in the range of US$260 million to US$290 million. The Company now expects 
revenue for Q2 2020 to be higher and in the range of US$290 million to 
US$305 million. 
 
The increase in the outlook range is 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 Q3 2020. 
 
The Company will publish its results for the quarter ending 26 June 2020 on 
5 August 2020. 
 
*** 
 
Contact: 
Jose Cano 
Director, Investor Relations 
[e-mail] 
[phone] 
Information and Explanation of the Issuer to this News: 
 
*For further information please contact: * 
 
*Dialog Semiconductor* 
*Jose Cano * 
Head of Investor Relations 
T: [phone] 
[e-mail] 
 
*FTI Consulting* *London* 
Matt Dixon 
T: [phone] 
[e-mail] 
 
*FTI Consulting Frankfurt* 
Steffi Kim 
T: [phone] 
[e-mail] 
 
*About Dialog Semiconductor* 
Dialog Semiconductor is a leading provider of integrated circuits (ICs) that 
power mobile devices and the Internet of Things. Dialog solutions are 
integral to some of today's leading mobile devices and the enabling element 
for increasing performance and productivity on the go. From making 
smartphones more power efficient and shortening charging times, enabling 
home appliances to be controlled from anywhere, to connecting the next 
generation of wearable devices, Dialog's decades of experience and 
world-class innovation help manufacturers get to what's next. 
 
Dialog operates a fabless business model and is a socially responsible 
employer pursuing many programs to benefit the employees, community, other 
stakeholders and the environment we operate in. Dialog Semiconductor plc is 
headquartered in London with a global sales, R&D and marketing organization. 
In 2019, it had approximately $1.4 billion in revenue. It currently has 
approximately 2,000 employees worldwide. The company is listed on the 
Frankfurt (FWB: DLG) stock exchange (Regulated Market, Prime Standard, ISIN 
GB0059822006). For more information, visit www.dialog-semiconductor.com [1]. 
 
*Forward Looking Statements* 
This press release contains 'forward-looking statements' that reflect 
management's current views with respect to future events. The words 
'anticipate,' 'believe,' 'estimate', 'expect,' 'intend,' 'may,' 'plan,' 
'project' and 'should' and similar expressions identify forward-looking 
statements. Such statements are subject to risks and uncertainties, 
including, but not limited to: an economic downturn in the semiconductor and 
telecommunications markets; changes in currency exchange rates and interest 
rates, the timing of customer orders and manufacturing lead times, 
insufficient, excess or obsolete inventory, the impact of competing products 
and their pricing, political risks in the countries in which we operate or 
sale and supply constraints. If any of these or other risks and 
uncertainties occur (some of which are described under the heading 'Managing 
risk and uncertainty' in Dialog Semiconductor's most recent Annual Report) 
or if the assumptions underlying any of these statements prove incorrect, 
then actual results may be materially different from those expressed or 
implied by such statements. We do not intend or assume any obligation to 
update any forward-looking statement which speaks only as of the date on 
which it is made, however, any subsequent statement will supersede any 
previous statement. 
 
23-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     Dialog Semiconductor Plc. 
             Tower Bridge House, St. Katharine's Way 
             E1W 1AA London 
             United Kingdom 
Phone:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.dialog-semiconductor.com 
ISIN:        GB0059822006 
WKN:         927200 
Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated 
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
             Munich, Stuttgart, Tradegate Exchange 
EQS News ID: 1077263 
 
End of Announcement DGAP News Service 
 
1077263 23-Jun-2020 CET/CEST 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=05a2d53650825c5d0ec657805ab88da2&application_id=1077263&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

June 23, 2020 17:37 ET (21:37 GMT)