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Post# of 41703
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Monday, 08/04/2014 4:31:27 PM

Monday, August 04, 2014 4:31:27 PM

Post# of 41703
The company is updating its guidance for fiscal year 2014, which ends December 31, 2014, as follows:

Revenue of $600 to $700 million, the lower end of the previously provided guidance range.
Fully diluted non-GAAP earnings per share of $0.12 to $0.18, the higher end of the previously provided guidance range reflecting an expected change in mix and more favorable gross margins in the second half of the year.

The company also reiterated its 2016 non-GAAP EPS target at or above $1.50.
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