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|
Type
|
Public |
|---|---|
| Traded as | NASDAQ: DSPG S&P 600 Component |
| Industry | VoIP, Telecommunications, Communication systems |
| Founded | 1987 (1987) |
| Headquarters | San Jose, California |
|
Key people
|
Eliyahu Ayalon (Chairman), Ofer Elyakim (CEO) |
| Products | IP Telephony, Media Gateways, Wireless chipsets, Mobile VoIP |
| Revenue |  US$ 225.48 million (2010) |
|
Operating income
|
 $ 9.68 million (2010) |
| Profit | $ 7.42 million (2010) |
|
Number of employees
|
409 (2009) |
| Website | www.dspg.com |
DSP Group, Inc. is a provider of chipsets for VoIP, multimedia, and digital cordless applications. Founded in 1987 with headquarters in San Jose, California, DSP Group employs over 400 people at three US sites and offices in Germany, Scotland, Israel, India, Hong Kong and Japan.
DSP Group was founded in 1987 by Davidi Gilo, who served as the company's CEO and Chairman until 1993.
DSP Group developed the world's first telephony answering device (TAD) speech processor in 1989. The company entered the digital cordless industry with the acquisition of Advanced Micro Devices' (AMD) 900 MHz technology in 1999, and the subsequent development of 900 MHz narrow-band cordless and 2.4 GHz multi-handset chipset solutions.
In 1993 one of the company's co-founder and its CTO Shabtai Adlersberg started a new company AudioCodes, with the initial investment provided by the DSP Group. AudioCodes grew to become a leading provider of VoIP solutions, which had an initial public offering on the NASDAQ in 1999. In 2004 DSP Group sold all its holdings in AudioCodes making a significant profit on its initial investment.
In 1994 the DSP Group had an initial public offering on the NASDAQ.
In 1996 DSP Group spun off its cellular chip design and development division into a new company called DSP Communications (DSPC). DSP Communications had an initial public offering on the NASDAQ the same year. In 1999 Intel bought DSP Communications for $1.6 billion USD.
In November 2002, DSP's IP licensing division and the Irish company Parthus Technologies Plc were merged to form a new company called CEVA, Inc..
DSP Group entered into the multimedia communications sector with the acquisition of Teleman Multimedia in 2003. Incorporating VoIP and Wi-Fi technologies obtained through the acquisition of VoicePump and Bermai, DSP Group entered the residential multimedia communications over broadband market with the 2006 development of a chipset integrating DECT and Wi-Fi technologies with an application processor. DSP Group acquired NXP Semiconductors' cordless and VoIP terminals business in 2007.
DSP Group provides chipsets for residential communications products in three areas:
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q4 2021 | 2022-02-02 | Future report Set alerts | |
| Q3 2021 | 2021-11-03 | 0.16 | 0.16 |
| Q2 2021 | 2021-08-02 | 0.12 | 0.12 |
| Q1 2021 | 2021-05-03 | 0.05 | 0.05 |
| Q4 2020 | 2021-02-04 | 0.12 | 0.12 |
| Q3 2020 | 2020-11-02 | 0.05 | 0.05 |
| Q2 2020 | 2020-07-30 | 0.06 | 0.06 |
| Q1 2020 | 2020-05-04 | -0.04 | -0.04 |
| Q4 2019 | 2020-02-03 | 0.06 | 0.06 |
| Q3 2019 | 2019-11-05 | 0.10 | 0.10 |
| 2016-04-30 | Reiterated Rating | Needham & Company LLC | Buy | $10.00 to $11.00 |
| 2016-02-16 | Initiated Coverage | Lake Street Capital | Buy | $10.00 |
| 2016-02-03 | Lower Price Target | Needham & Company LLC | Buy | $11.00 to $10.00 |
| 2016-01-07 | Reiterated Rating | Needham & Company LLC | Buy | $11.00 |
| 2015-07-31 | Reiterated Rating | Needham & Company LLC | Buy | $13.00 to $11.00 |
| 2015-07-31 | Reiterated Rating | Wunderlich | Buy | $14.00 to $12.00 |
| 2015-05-01 | Reiterated Rating | Needham & Company LLC | Buy | $13.00 |
| 2015-02-03 | Initiated Coverage | Wunderlich | Buy | $14.00 |
| 2015-01-26 | Set Price Target | Needham & Company LLC | Buy | $11.00 |
| 2014-12-04 | Initiated Coverage | Imperial Capital | Outperform | $12.00 |
| 2014-11-12 | Initiated Coverage | Roth Capital | Buy | |
| 2014-09-23 | Initiated | Needham | Buy | $11 |
| 2014-09-23 | Initiated Coverage | Needham & Company LLC | Buy | $11.00 |
| 2014-03-04 | Initiated Coverage | Dougherty & Co | Buy | $12.50 |
| 2011-03-18 | Initiated | Rodman & Renshaw | Mkt Outperform | $9 |
| 2011-03-18 | Initiated | FBR Capital | Outperform | $9 |
| 2010-01-25 | Upgrade | RBC Capital Mkts | Sector Perform to Outperform | $8 to $10 |
| 2008-12-02 | Upgrade | RBC Capital Mkts | Underperform to Sector Perform | |
| 2008-10-27 | Downgrade | Oscar Gruss | Hold to Reduce | $4.50 |
| 2008-10-06 | Downgrade | RBC Capital Mkts | Sector Perform to Underperform | $9 to $8 |
| 2008-05-02 | Downgrade | Ferris Baker Watts | Buy to Neutral | |
| 2008-04-16 | Initiated | Susquehanna Financial | Neutral | |
| 2008-01-09 | Upgrade | Ferris Baker Watts | Neutral to Buy | $14 |
| 2007-11-01 | Initiated | Lazard Capital | Buy | $20 |
| 2007-06-22 | Reiterated | CIBC Wrld Mkts | Sector Outperform | $28 to $27 |
| 2007-04-30 | Downgrade | RBC Capital Mkts | Outperform to Sector Perform | $25 to $22 |
| 2007-04-13 | Downgrade | Matrix Research | Hold to Strong Sell | |
| 2007-01-18 | Downgrade | Ferris Baker Watts | Buy to Neutral |
| 2016-04-30 | Reiterated Rating | Needham & Company LLC | Buy | $10.00 to $11.00 |
| 2016-02-16 | Initiated Coverage | Lake Street Capital | Buy | $10.00 |
| 2016-02-03 | Lower Price Target | Needham & Company LLC | Buy | $11.00 to $10.00 |
| 2016-01-07 | Reiterated Rating | Needham & Company LLC | Buy | $11.00 |
| 2015-07-31 | Reiterated Rating | Needham & Company LLC | Buy | $13.00 to $11.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In DSPG 15 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| BlackRock Fund Advisors | 1.81M |
| BlackRock Institutional Trust Company, N.A. | 0.72M |
| BLACKROCK ADVISORS LLC | 0.55M |
| BlackRock Investment Management, LLC | 0.11M |
| GRUBER & MCBAINE CAPITAL MANAGEMENT LLC | 43000 |
| BlackRock Group LTD | 29597 |
| Aperio Group, LLC | 27604 |
| RUSSELL FRANK CO/ | 19962 |
| Delek Group, Ltd. | 16203 |
| Dynamic Technology Lab Pte Ltd | 14104 |
| VTL Associates, LLC | 9201 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | 3000 |
| LADENBURG THALMANN FINANCIAL SERVICES INC | 600 |
| Carroll Financial Associates, Inc. | 96 |
| MEEDER ASSET MANAGEMENT INC | 34 |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| Elyakim Ofer President of SEA Operations | 2.86% (628691) | DSPG / |
| Starboard Value LP | 2.65% (582271) | DSPG / EXTR / ISSI / MCRL / MLNX / QTM / SRDX / |
| Levy Dror Chief Financial Officer | 0.82% (180000) | DSPG / |
| LACEY THOMAS A | 0.32% (71000) | DSPG / IRF / MLNX / TSRA / XPER / |
| TRAUB KENNETH H | 0.20% (44153) | ATHX / CAS / DSPG / GLF / IMI / IPAS / MRVC / VTSS / |
| Dahan David Chief Operating Officer | 0.13% (27748) | DSPG / |
| Taffe Norman P See Explanation of Responses | 0.10% (21600) | DSPG / IDTI / |
| Seligsohn Gabi | 0.09% (20000) | DSPG / |
| TANGUY PATRICK | 0.09% (20000) | DSPG / |
| SEROUSSI YAIR | 0.08% (18000) | DSPG / |
| Rice Norman J. See Explanation of Responses | 0.05% (9980) | DSPG / EXTR / |
| Regev Reuven | 0.04% (8000) | DSPG / |
| AYALON ELIYAHU Chairman of Board and CEO | 0.02% (5364) | CEVA / DSPG / |
| Paul Cynthia | 0.01% (3000) | DSPG / |
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