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[posting]49879741[/posting]deshalb hier: November 5, 2015 EMCORE Expects 2015 Fourth Fiscal Quarter Revenues of $23 Million Consolidated Q4 revenue of approximately $23 million for quarter ended September 30, 2015, up from $21.2M in prior quarter Gross Margin for Q4 expected to be approximately 40%, up from 36.3% in prior quarter Provides preliminary Q1FY16 revenue guidance of $22 to $24 million ALHAMBRA, Calif., Nov. 05, 2015 (GLOBE NEWSWIRE) -- EMCORE Corporation (NASDAQ:EMKR), a leading provider of compound semiconductor-based components, subsystems, and systems for the broadband and specialty fiber optics market, today announced preliminary financial results for its fourth quarter ended September 30, 2015. Revenue is now expected to be approximately $23 million for the quarter ended September 30, 2015, compared to the company's previous expectation of $22 to $24 million in revenue for the same period and up from $21.2 million in the prior quarter. Gross margin is expected to be approximately 40%, compared to 36.3% in the prior quarter, with the increase primarily from favorable product mix and increased volume. The higher gross margin will be partially offset by higher operating expenses, primarily due to increased legal and headcount costs. "During the fourth quarter, we saw strong demand for our chip-level products, with shipments of our chips exceeding $4 million, up from approximately $2 million in the prior quarter," said Jeffrey Rittichier, President and CEO of EMCORE. "In fiscal year 2015, we shipped more than $8 million of chips, up from zero in 2014." Rittichier continued, "While we are pleased with our preliminary fourth quarter financial results and are encouraged about the long-term industry outlook, we remain cognizant of the dynamics in the CATV market and consolidation in the industry at both the OEM and MSO levels. This leads us to provide revenue guidance for Q1FY16 in the range of $22 to $24 million." EMCORE expects to announce its fourth quarter and year-end results in December 2015. The preliminary financial results for the Company's fourth fiscal quarter ended September 30, 2015 represent the most current information available to management. The Company's actual results may differ from these preliminary results due to the completion of the Company's financial closing procedures, final adjustments and other developments that may arise between the date of this press release and the time that financial results for the fourth quarter and full year of fiscal 2015 are finalized. |
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| aus der Diskussion: | EMCORE Corp. (EMKR) |
| Autor (Datum des Eintrages): | R-BgO (16.11.15 18:45:46) |
| Beitrag: | 1,409 von 1,410 (ID:51102666) |
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