4:52PM SYMYX Tech beats by $0.11, reports revs in-line (SMMX) 4.99 -0.09 : Reports Q4 (Dec) earnings of $0.03 per share, excluding non-recurring items, $0.11 better than the First Call consensus of ($0.08); revenues fell 12.2% year/year to $42.6 mln vs the $42.7 mln consensus. "With the severe deterioration of the global economic outlook and, to a lesser degree, our decision to streamline our operations, we recorded significant non-cash charges in our fourth quarter. Looking forward, we are committed to continued positive cash flow in 2009, improving our operating margins, strengthening our balance sheet and maintaining the platform to support our initiatives." For the first quarter of 2009, Symyx forecasts revenue of $33-$37 million, and non-GAAP EPS of ($0.07)-($0.03). For the full year, Symyx forecasts revenue of $145-$155 million, and non-GAAP diluted EPS of $0.00-$0.10. (no estimates)
The Q4 2008 Company Press Release
The Q4 Earnings Call Transcript |
