Sivers Semiconductors pre-announces 2023 financial achievements
Sivers Semiconductors AB today announced that it was able to fulfil the previously announced guidance of achieving positive adjusted EBITDA during the second half of 2023. The company anticipates full-year 2023 revenue will grow between 65% and 75% higher than 2022. This substantial revenue growth has been driven primarily by the satellite customer segment of the wireless business unit. The company anticipates further growth in customer product shipments and substantial revenue growth throughout 2024. The company was unable to achieve the previously announced guidance of 100% revenue