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"Despite better than expected demand and sales of Lexar products during the
holiday season, gross margins were negatively impacted primarily due to greater
than anticipated price reductions and price protection obligations. Higher than
anticipated marketing and G&A expenses also had a slight negative impact," said
Eric Stang, chairman, CEO and president, Lexar.

These expected results are based on preliminary information. The company plans
to release quarterly financial results for the fourth fiscal quarter and full
year on Thursday, February 3, 2005, and discuss its financial and operational
results and business outlook during its regularly scheduled conference call at 2
p.m. that same day after the market close.

About Lexar Media, Inc.

Lexar is a leading marketer and manufacturer of flash memory cards, USB flash
drives, card readers and ATA controller technology for the digital photography,
consumer electronics, industrial and communications markets. The company holds
over 78 controller and system patents, and licenses its technology to companies
including Olympus, Samsung Electronics, SanDisk and Sony.
 
aus der Diskussion: Sandisk=Power fürs Depo
Autor (Datum des Eintrages): Duschgel  (26.01.05 10:17:40)
Beitrag: 72 von 138 (ID:15630063)
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