Nordic Semiconductor ASA (NDCVF) to Announce Earnings on Thursday

Nordic Semiconductor ASA (OTCMKTS:NDCVF) is anticipated to post its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $0.0733 per share and revenue of $212.9250 million for the quarter.

Nordic Semiconductor ASA Price Performance

Shares of Nordic Semiconductor ASA stock remained flat at $16.91 on Tuesday. The stock had a trading volume of 5,000 shares, compared to its average volume of 5,608. Nordic Semiconductor ASA has a 12-month low of $12.25 and a 12-month high of $23.29. The stock’s 50-day simple moving average is $18.51 and its 200 day simple moving average is $17.24.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Nordic Semiconductor ASA in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce”.

About Nordic Semiconductor ASA

Nordic Semiconductor ASA is a Norway-based fabless semiconductor company specializing in ultra-low-power wireless communication solutions for the Internet of Things (IoT). Founded in 1983 and headquartered in Trondheim, the company designs and markets integrated circuits (ICs) and related software for short-range wireless applications. Its portfolio includes SoCs and modules supporting Bluetooth Low Energy, Thread, Zigbee, ANT and proprietary 2.4 GHz protocols, as well as cellular IoT technologies such as LTE-M and NB-IoT.

Nordic’s flagship product families, including the nRF52, nRF53 and nRF54 series, enable battery-powered devices across a wide range of markets.