ESS Technologies - wieder eine Perle? - 500 Beiträge pro Seite

[Duffy2000]

Hallo,

es macht Spaß, nach vielen Monaten Abstinenz wieder einmal einen Blick auf ESS Technologies zu werfen.

Gerade die Entwicklung der letzten 4 Wochen ist schon bemerkenswert - und meines Erachtens ist diese Entwicklung auch durch die Zahlen (Q3 liegt schon vor) und durch die Marktpositionierung gerechtfertigt.

http://finance.yahoo.com/q/bc?s=ESST&t=5y&l=on&z=m&q=l&c=

Die Kursentwicklung der letzten Tage noch mal extra:



Dies nur als Denkanstoß - einiges Fundamentales trage ich demnächst nach.

Gruß,
Duffy2000

[thebull 2]

Press Release Source: ESS Technology

ESS Technology Increases 4th Quarter Guidance
Wednesday December 10, 7:30 am ET
Company Now Expects 64% -70% Sequential Revenue Growth

FREMONT, Calif., Dec. 10 /PRNewswire-FirstCall/ -- ESS Technology (Nasdaq: ESST - News), a leading supplier of silicon solutions for digital audio, video and imaging consumer electronics, today provided an update regarding its fourth quarter guidance. Both revenues and profits are expected to be higher than the company`s earlier guidance due to growth in all market segments.

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ESS Technology expects that fourth quarter revenues will be between $79 and $82 million compared to the company`s earlier guidance of $65 to $68 million. This represents an increase of 64% to 70% over the $48.2 million revenue of the third quarter of 2003.

Net income per diluted share is also expected to increase by approximately $0.09-$0.10 compared to the company`s previous guidance. On a GAAP basis, the company expects net income of between $0.15 and $0.19 per diluted share, compared to earlier guidance of $0.06 to $0.09 per diluted share. Pro forma, or non-GAAP net income is anticipated to be between $0.19 and $0.23 per diluted share, compared to the Company`s previous guidance of $0.10 to $0.13 per diluted share.

Non-GAAP per-share results exclude the effects of amortization of intangible assets, investment gains or losses, in-process research and development expenses, and related tax effects.

Commenting on the quarter`s increased guidance, Robert Blair, president and CEO of ESS Technology said, "ESS Technology is experiencing strong worldwide demand for its digital entertainment products. This quarter, market share gains of our new integrated Vibratto-II family of DVD products have grown faster than expected, and this new product family has now become our largest selling DVD product. Also in the DVD market, we are experiencing strong demand for our new MPEG4/DivX enabled products. And significantly, we have improved the yield and ramped the manufacturing capacity and shipments of our camera phone image sensors faster than anticipated."

Mr. Blair continued, "ESS acquired Pictos earlier this year as we believed their digital imaging technology was the best in the market. Today, by combining ESS`s strong customer support and manufacturing resources with Pictos`s advanced imaging technology and with our customers` acceptance of our products, ESS is already seeing significant growth in this exciting new product line. We have increased capacities and yields while reducing costs and cycle times faster than previously expected. We are extremely excited by the growth opportunities for this new segment of our business."

"Overall, we are seeing growth in all our product segments, including VCD, DVD, DVD recordables, and especially in our new camera phone and digital still camera products. The growth is coming from the introduction of our new digital video and new digital imaging products and our market share gains in the growing digital entertainment market. We believe ESS is well-positioned to continue to grow revenues and profits in the future," Mr. Blair concluded.

ESS Technology will report its fourth quarter 2003 results on Wednesday, February 4, 2004 after the close of market. At that time, the company will provide guidance for the first quarter of 2004.

About ESS Technology

ESS Technology, Inc., designs and markets high-performance digital video processor and imaging sensor semiconductors for the consumer digital entertainment, digital photography, camera phones and digital home markets. ESS products include highly integrated chips for DVD players, DVD recorders, VCD players, digital media players, digital audio systems, digital still cameras and camcorders, and camera-enabled cellular phones.

ESS, headquartered in Fremont, California, has approximately 400 employees in North America and over 100 employees in Asia providing R&D, sales, and technical support worldwide. For more information, please visit the company`s web site at: http://www.esstech.com .

The matters discussed in this news release include certain forward-looking statements that involve risks and uncertainties, including, but not limited to, difficulties inherent in integrating acquired businesses with ESS, the impact of competitive products and pricing, the possible reduction of consumer spending occasioned by general economic conditions, the timely availability and acceptance of ESS`s new products, the dependence on continued growth in demand for consumer multimedia products, the possible reduction of consumer spending occasioned by terrorist activity and armed conflict, and the other risks detailed from time to time in the SEC reports of ESS, including the reports on Form 10-K, Form 10-Q and Form 8-K (if any) which we incorporate by reference. Actual results could differ materially from those projected in the forward-looking statements. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.


Source: ESS Technology

[thebull 2]

Name
Ess Tech
Last Price
15.4500
Net Change
+1.6600
Shares Matched
52,017
Orders Entered
475
Last Match Time
8:58:09.940
Market
NM
Previous Close
13.7900
Percent Change
+12.04%
Shares Entered
222,467
Open Orders
58
Last Order Time
9:01:04.183

[thebull 2]

12 monatshigh