News Focus
News Focus
Followers 185
Posts 56190
Boards Moderated 1
Alias Born 04/20/2001

Re: Tuff-Stuff post# 77710

Thursday, 01/05/2012 8:15:54 AM

Thursday, January 05, 2012 8:15:54 AM

Post# of 120398
Reference earlier conversation on Thailand flooding:

Greg Shortell , President and Chief Executive Officer of NEI, commented, "In providing our December quarter guidance, we expected an impact of between $4.0 million and $5.0 million of revenues related to the unavailability of hard disk drives due to supply constraints tied to the Thailand flooding. Based on the extraordinary efforts of our supply chain team and our vendors, we were able to secure drives needed to realize most of these revenues. Additionally, some of our customers exceeded the volume estimates that we had projected for the December quarter, resulting in higher revenues. Our review of the quarter's financial results is ongoing, and we will provide more detail on our conference call at the end of January."


Small Cap plays: #board-865
Big Board plays: #board-711

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today