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Message Boards Settings Volterra Semiconductor Co (VLTR) - Quote Info
VLTR Lowers Guidance . . .     11-Dec-08 10:27 am    
<<9:01AM Volterra Semi lowers guidance; sees Q4 EPS of $0.04-0.06 vs $0.18 First Call consensus; revs $22.0 mln vs $27.36 mln First Call consensus (VLTR) 7.55 : Co issues downside guidance for Q4 (Dec), sees EPS of $0.04-0.06 vs. $0.18 First Call consensus; sees Q4 (Dec) revs of $22.0 vs. $27.36 mln consensus. Co says, "In this challenging economic environment we have experienced a slowing of customer demand across our four market segments. The change in projected fourth quarter revenue resulted largely from Volterra accommodating customer requests to reschedule existing backlog into 2009 to minimize customer inventory levels at the end of the year," said Jeff Staszak, Volterra's President and CEO. "While we realized that this decision would affect the financial results we report for the fourth quarter, we believe Volterra remains well-positioned financially and strategically heading into 2009, with ample cash reserves, continued market share gains, and a strong technical roadmap.">>
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Volterra Semiconductor Corporation (VLTR)

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