Q4 2019 Nordic Semiconductor ASA Earnings Call Transcript
Good morning, and welcome to the Fourth Quarter 2019 Presentation from Nordic Semiconductor. Welcome also to everyone listening on webcast.
So we had a record strong quarter, is all-time high revenue for Nordic at $83.1 million, is up 36% year-on-year. It's a good margin, 51.6%. It basically shows that all the effort we spend on the investment we gained here 1 year ago on the lab to get early products up at a high yield at -- as early as possible, have really paid off.
Our BLE revenue ended at $65.5 million, is up 63% compared to the same quarter year before.
Exiting Q3, we had a strong backlog. We almost carried the same backlog with us exiting Q4.
And exiting Q4, we go into the Chinese New Year quarter. And obviously, there is a couple of weeks less production. So it's a very strong backlog, indicates good for Q1, but there is some other issues which we will discuss a little bit later regarding Q1. But the backlog, as you see, is 52% up compared to the same period last year.
And we finally
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