Monday, April 30, 2007 5:35:00 PM
IVAC $25~$21.50-22 earnings of $0.48 per share, excluding $0.04 in restructuring charges, $0.07 better than the Reuters Estimates consensus of $0.41; revenues rose 53.9% year/year to $76.4 mln vs the $73.5 mln consensus.
IVAC Intevac on Conference Call (24.31 +0.64) -Update-
Co says pricing concerns have dampened spirit of HHD industry; says driving the business with one foot on accelerator and one on the brake so they can meet demand... Sees Q2 revs between $70-75 mln, Reuters consensus is $73.4 mln; expects gross margins of 41-42%; earnings of $0.43-0.44, which includes stock based compensation charges and may not be comparable to the Reuters consensus is $0.50... revs $245-285 mln; shipment of 35-45 200 leans; expects gross margins of 42-43%; op expense of $70-75 mln; expects $1.25-1.65 on a GAAP basis (including stock based compensation) and does not appear to be comparable to the $1.78 Reuters consensus... stock is trading at $21.48 in after hours.
IVAC Intevac on Conference Call (24.31 +0.64) -Update-
Co says pricing concerns have dampened spirit of HHD industry; says driving the business with one foot on accelerator and one on the brake so they can meet demand... Sees Q2 revs between $70-75 mln, Reuters consensus is $73.4 mln; expects gross margins of 41-42%; earnings of $0.43-0.44, which includes stock based compensation charges and may not be comparable to the Reuters consensus is $0.50... revs $245-285 mln; shipment of 35-45 200 leans; expects gross margins of 42-43%; op expense of $70-75 mln; expects $1.25-1.65 on a GAAP basis (including stock based compensation) and does not appear to be comparable to the $1.78 Reuters consensus... stock is trading at $21.48 in after hours.
Know how to make God laugh?
Tell Her your plans ....
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
