OnChip Technologies (NASDAQ:ONCH) Issues Quarterly Earnings Results

OnChip Technologies (NASDAQ:ONCH) released its quarterly earnings results on Thursday. The company reported $0.06 EPS for the quarter, FiscalAI reports.

OnChip Technologies Stock Up 0.1%

Shares of OnChip Technologies stock traded up $0.01 on Thursday, reaching $10.21. 7,612 shares of the company were exchanged, compared to its average volume of 55,477. OnChip Technologies has a 1-year low of $10.13 and a 1-year high of $10.63. The company’s 50-day moving average is $10.17 and its two-hundred day moving average is $10.22.

OnChip Technologies, Inc (NASDAQ:ONCH) is a fabless semiconductor company specializing in edge-based voice and audio processing solutions. The company develops digital signal processing (DSP) intellectual property cores and accompanying software frameworks designed to enable low-power, always-listening voice interfaces and advanced audio features. By integrating custom DSP hardware blocks with optimized software, OnChip enables functionalities such as keyword spotting, noise reduction, echo cancellation and far-field voice capture in compact system-on-chip (SoC) designs.

OnChip’s product portfolio consists of licensable DSP IP blocks, software development kits (SDKs) and turnkey reference designs that original equipment manufacturers (OEMs) and semiconductor partners can embed directly into consumer electronics, automotive infotainment systems, smart home devices and industrial automation platforms.