Audience (ADNC) Tops Q4 EPS by 12c

Audience (NASDAQ: ADNC) reported Q4 EPS of ($0.37), $0.12 better than the analyst estimate of ($0.49). Revenue for the quarter came in at $17.2 million versus the consensus estimate of $14.4 million.

"We are very pleased with the adoption of our latest generation Advanced Voice and Continuous VoiceQ voice activation capabilities by strategic customers in China like ZTE, Meizu and Coolpad," said Peter Santos, president and CEO, Audience. "The underlying demand for superior user experience, along with our expertise in motion and sensor processing gained through our acquisition of Sensor Platforms in 2014, positions us well for the coming shift toward multisensory processing."

"We finished 2014 meeting or beating our fourth quarter financial expectations for all key non-GAAP metrics and set the stage for expected growth and diversification in 2015," said Kevin Palatnik, chief financial officer.

For earnings history and earnings-related data on Audience (ADNC) click here.

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