Sivers Semiconductors (SIVE) Stock Rises After Q2 Revenue Drop and Pipeline Surge
TLDR
- Q2 revenue dropped 12% year-over-year to SEK 53.8 million, but the company says the decline was planned
- Product revenue grew 13% year-over-year, or 18% at constant exchange rates
- Adjusted EBITDA widened to a loss of SEK 35.5 million from SEK 20.9 million a year earlier
- Opportunity pipeline hit $1.2 billion in July 2026, up 268% from end of 2025
- Stock rose 2.26% to $3.35 after results; company is eyeing a potential Nasdaq listing in the US
Sivers Semiconductors posted a 12% drop in Q2 2026 revenue, but the Swedish chip maker says the decline was a choice, not a setback. The stock edged up 2.26% to $3.35 following the results.
Net sales came in at SEK 53.8 million, down from SEK 61.4 million in Q2 2025. At constant exchange rates, the drop was around 10%.
The company deliberately pulled resources away from non-recurring engineering work to focus on upcoming product ramps. That shift is reflected in the headline number, but also in the product revenue line, which moved in the opposite direction.
โฆ Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).
