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Tag archive for ‘Earnings guidance’

Xilinx lowers sales forecast(0)

xilinx-logo_bgXilinx, the San Jose provider of programmable chips, said today that sales for its most recent quarter will be down a bit more than it had previously thought, falling sequentially by 5 percent instead of the 4 percent drop the company had originally forecast.

The company blamed the drop mostly on Read the rest of this entry »

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Seagate raises guidance for quarter citing ‘favorable demand and pricing’(0)

seagate-logoDisk drive manufacturer Seagate Technology cited favorable demand and pricing for its products Wednesday when it raised its guidance for its fiscal 2009 fourth quarter.

The company, which is headquartered in the Cayman Islands but operates out of Scotts Valley, now expects sales to Read the rest of this entry »

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Marvell raises guidance, citing “broad improvement in demand”(0)

marvell_logo1Marvell Technology, the Santa Clara chip maker, raised its forecast for sales in its current quarter ending Aug. 1 from a range of $540-$580 million to at least $600 million, instead, with an upside of $630 million possible, according to a press release it filed with the SEC today.

The company attributed the increase in projected revenue to Read the rest of this entry »

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SonicWall lowers sales guidance but says gross margins improving(0)

sonicwall-logoSonicWall, the Sunnyvale network security provider, lowered its forecast for its recently completed quarter, saying it now expects sales of between $46 and $47 million, down about seven percent from its previously issued guidance of between $48 and $52 billion. The company blamed Read the rest of this entry »

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Super Micro lowers guidance for last quarter, but says December saw “strong demand”(0)

Super Micro Computer, the San Jose supplier of computer server systems, said sales for its quarter just ended will be from 9 percent to 14 percent lower than the company had previously forecast. Net profits per share are expected to drop anywhere from 17 percent to 27 percent, but the bottom line is still black.

Not that this is especially newsworthy given the drumbeat of lowered expectations emanating from most of Silicon Valley’s company’s of late. But a statement from chief executive Charles Liang hinted at a possible bit of good news: Read the rest of this entry »

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