CIRRUS LOGIC (WKN 877381) - 500 Beiträge pro Seite

[Amphibie]

Der Chiphersteller Cirrus Logic (CRUS) hat einen neuen Musik-Chip fertig gestellt. Dieser Chip soll in portable digitale Geräte eingesetzt werden. Cirrus Logic erwartet im laufenden Quartal einen Umsatz zwischen 56 Mio. USD und 59 Mio. USD. Letztes Quartal waren es 50 Mio. USD. Das Cashvolumen von Cirrus hat sich in der letzten Zeit erhöht und beträgt derzeit 200 Mio. USD. Cirrus Logic orientiert sich nun auch nach China. Umsätze werden dort schon getätigt.

[borazon]

Meine letzten CRUS schmeiß ich die nächsten Tage raus.

[borazon]

Unschön, aber teilweise schon im Kurs enthalten.
Sollte CRUS morgen (wider mein Erwarten) steigen, werde ich nicht nachlaufen.
Kauf weiterhin erst unter 3$ geplant, Verbilligung evtl. unter 2$, Ziel im nächten Chipzyklus-Hoch so um 7-10$ rum, würde ich schätzen.
Meinungen?


____________________________

Cirrus Logic Updates Second Quarter Outlook
Thursday September 23, 8:04 pm ET

AUSTIN, Texas--(BUSINESS WIRE)--Sept. 23, 2004--Cirrus Logic Inc. (Nasdaq:CRUS - News) today updated its outlook for its fiscal year 2005 second quarter, ending Sept. 25, 2004. Cirrus Logic`s current expectations for its second quarter include the following:

Revenue of approximately $51 million to $52 million. Sales of analog products are expected to account for 90 percent of second quarter`s revenue. Integrated circuits (ICs) used in video recording applications are expected to contribute approximately 10 percent of the second quarter`s revenue. On July 21, 2004, Cirrus Logic said that it expected revenue of $61 million to $68 million. On August 25, 2004, the company said that it expected revenue to be closer to the low end of that range. Cirrus Logic reported sales of $50.1 million and $59.1 million in the second quarter one year ago and the prior quarter, respectively.
Gross margin in the range of 51 percent to 53 percent. This estimate does not include a net charge of up to $4 million for excess and obsolete inventory, primarily related to video ICs. On July 21, 2004, the company said that it expected gross margin to be in the range of 52 percent to 54 percent. Cirrus Logic reported a gross margin of 48.5 percent and 53.6 percent in the second quarter one year ago and the prior quarter, respectively.
Combined expenses for SG&A and R&D of approximately $31 million. Cirrus Logic reported combined expenses for SG&A and R&D of $32.6 million and $31.2 million in the second quarter one year ago and the prior quarter, respectively. On July 21, 2004, the company said that it expected combined expenses for SG&A and R&D to total $30 million to $32 million. On Aug. 25, 2004, the company announced actions to reduce its combined expenses for SG&A and R&D by $2 million to $3 million a quarter beginning in the third fiscal quarter.
A restructuring charge of approximately $1.5 million for headcount reductions and facility consolidation activities that were previously announced. The company is also currently evaluating additional related non-cash asset write-offs for the second quarter.

"The September quarter results have been impacted by lower demand for consumer ICs. We believe this is due in part to an industry-wide inventory correction within the supply chain, particularly for DVD players, which incorporate our audio converters. Demand for DVD recorders, which incorporate Cirrus Logic audio converters and digital video ICs, was lower-than-expected due to slower consumer product adoption and delayed customer product introductions. Demand for our analog ICs used in industrial applications, however, remained relatively strong during the quarter," said David D. French, president and CEO of Cirrus Logic.

The company will report its fiscal year 2005 second quarter financial results after the market closes on Wednesday, Oct. 20, 2004.

[borazon]

Hat gar nicht (mehr) weh getan ... nicht mal 4% Minus.

[Amphibie]

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