SBS Technologies (SBSE) - Undiscovered gem Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert b furman who wrote (1361)	3/14/2005 10:52:38 AM
From: JakeStraw	Read Replies (1) of 1540

SBS Lowers Outlook on Soft Sales biz.yahoo.com Monday March 14, 9:10 am ET SBS Technologies Lowers Outlook for Third Quarter, Year on Unexpected Sales Decrease ALBUQUERQUE, N.M. (AP) -- SBS Technologies Inc., a manufacturer of embedded computer components for the commercial and government markets, lowered its estimate for third-quarter revenue Monday due to an unexpected drop in sales to chip equipment makers. The company lowered its revenue estimate for the quarter to $36.5 million to $37.5 million from its previous outlook of $39 million to $40 million in January. For the year ending June 30-, the company lowered its revenue forecast to $150 million to $155 million, down from the previous range of $155 million to $165 million. Analysts surveyed by Thomson First Call were expecting SBS to report revenue of $39.8 million for the third quarter and $160.4 million for the year. "The reduction is due to the unexpected decrease in sales from key customers in the semiconductor manufacturing equipment industry, and weakness of orders in the company's quick-turn, short lead time business," said Clarence Peckham, SBS chief executive, in a statement.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next