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Tag archive for ‘Earnings surprise’

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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Austin rival to local analog chip makers raises forecast(0)

silicon-labs-logoSilicon Laboratories, the Austin maker of analog mixed-signal integrated circuits that counts local companies such as Atmel, Maxim and Cypress among its rivals, today increased its guidance for its fiscal 2009 second quarter. It now expects sales to be up 20 to 25 percent from the quarter before to a range between $101-105 million. It had previously forecast sales in the range of $92-97 million.

The company said that “visibility has Read the rest of this entry »

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Somebody forgot to tell Varian about economic downturn: it expects “stronger-than-expected” results for year(0)

Varian, the Palo Alto supplier of scientific instruments and vacuum technologies for life science and industrial applications, said Tuesday that its fiscal year 2008  results would be better than originally forecast. “Sales should exceed $1 billion, with strong orders and excellent execution during the fourth quarter,” the company crowed in its release this morning. Diluted earnings per share should exceed Read the rest of this entry »

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