This doesn't look so great...
I admit to not having spent much time on this issue because as you know I tend to keep some distance here.
Looks like they are sand bagging next quarter too much.
Hope you have your investments well protected.
Taro
For the quarter ended Jan. 31, company earned $29.6 million, or 53 cents per share, up 41 percent from last year's $21.1 million, or 33 cents a share.
Sales jumped 35 percent to $137.3 million from last year's $101.8 million.
Analysts, on average, were expecting earnings of 45 cents per share on sales of $135.8 million, according to a Thomson Financial poll.
For the fourth quarter, OmniVision said it expects earnings between 35 cents and 40 cents per share on sales between $120 million to $130 million. Analysts, on average, are looking for earnings of 39 cents per share on revenue of $127.4 million.
Shares fell $2.86, or 10.5 percent, to 24.35 in after-hours electronic trading, after closing up $1.71, or 6.7 percent, at $27.21 on the Nasdaq. |
