Anadigics Sees 4Q Production Issues
This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-10-24
The company expects earnings of 5 cents to 6 cents per share during the quarter, or between 11 cents and 13 cents per share excluding one-time items.
Anadigics expects sales to grow 10 percent to 14 percent from third-quarter sales, implying revenue of $65.5 million to $67.9 million.
Analysts polled by Thomson Financial had forecast a profit of 14 cents per share on revenue of $63.8 million.
Shares fell $3.34, or 17.3 million, to $16, in aftermarket electronic trading, after closing up 31 cents at $19.34.
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