{
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  "docSlug": "fade76df1897",
  "documentTitle": "DSP Group, Inc. (DSPG)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
  "documentKindSlug": "activist-deck",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2013-05-13 00:00:00",
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  "pageNumber": 14,
  "pageCount": 50,
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  "slideType": "expose_contradiction",
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  "density": "dense",
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  "notes": "The slide uses a table to contrast management guidance with actual results, calculating the absolute and percentage misses.",
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      "kind": "callout",
      "text": "DSP has missed its expectations for New Product Revenue each of the past three years and New Product Revenue has barely grown over that period despite significant R&D investments",
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      "text": "Over the last 5+ years, DSP has spent a significant amount of money attempting to develop new products to offset the declines in the Digital Telephony business. These new products include: Enterprise VOIP, Mobile (HDClear/Bonetone), Multimedia for smartphones, DECT/CAT-iq for home gateway, Home Automation.",
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      "text": "New Product Revenue",
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      "kind": "source-note",
      "text": "Source: DSP SEC filings, including earnings transcripts and Form 10-K. Note: Digital Telephony revenue is not a defined term by DSP Group. Digital Telephony revenue is a Starboard estimate for legacy product revenue that excludes DSP's New Product Revenue.",
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      "kind": "table",
      "text": "Guidance vs Reality table for 2010-2012",
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      "kind": "title",
      "text": "New Product Revenue has Failed to Meet Projections Every Year",
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