Nordic Semiconductor ASA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 108.19 million compared to USD 191.37 million a year ago. Net loss was USD 12.42 million compared to net income of USD 31.44 million a year ago. Basic loss per share from continuing operations was USD 0.065 compared to basic earnings per share from continuing operations of USD 0.164 a year ago.

For the full year, the company reported sales was USD 542.87 million compared to USD 776.73 million a year ago. Net income was USD 7.65 million compared to USD 122.34 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.639 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.635 a year ago.