LOS ALTOS, Calif. (AP) — DSP Group Inc. (DSPG) on Thursday reported a fourth-quarter loss of $129,000, after reporting a profit in the same period a year earlier.
The Los Altos, California-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, were 6 cents per share.
The internet phone and wireless chipset company posted revenue of $31.2 million in the period.
For the year, the company reported a loss of $3 million, or 14 cents per share, swinging to a loss in the period. Revenue was reported as $124.8 million.
DSP Group shares have climbed almost 5 percent since the beginning of the year. The stock has increased 21 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSPG at https://www.zacks.com/ap/DSPG