ISSI warns...
==============
Tuesday March 13, 7:17 am Eastern Time
Integrated Silicon lowers March quarter estimates
SANTA CLARA, Calif.,, March 13 (Reuters) - Integrated Silicon Solution, Inc. (NasdaqNM:ISSI -
news), a maker of high-performance memory semiconductors, said Tuesday its fiscal
second-quarter revenue and earnings will be lower than expected because of the slowing U.S. economy.
The Santa Clara, Calif.-based company estimated revenue in the quarter ending in March will be approximately $52 million to $54
million.
Earnings are estimated to be 28 cents to 31 cents a share, up from 14 cents a year ago but below the 44 cents in the December
quarter. It had been expected to earn 47 cents a share, according to First Call/Thomson Financial.
``Like many other companies in our industry, we have recently received order cancellations and order reschedules that have
impacted revenue,'' said Jimmy Lee, chairman and chief executive officer, in a statement. |
