CNXT - sera desta ?
8 mensagens
|Página 1 de 1
Dealer Escreveu:No pré, já sobe 35%!!
Quem ?? a CNXT??
cota a 3.35 a subir 1.82%..ou estou a ver mal o filme
Abraço e
Cmpts
grão a grão enche a galinha o papo
----------------------------------
Embora ninguém possa voltar atrás e fazer um novo começo, qualquer um pode começar agora e fazer um novo fim...
----------------------------------
Embora ninguém possa voltar atrás e fazer um novo começo, qualquer um pode começar agora e fazer um novo fim...
-
- Mensagens: 4284
- Registado: 23/11/2002 1:43
- Localização: V. N. Gaia
CNXT - sera desta ?
Conexant loss narrows, recovery seen, shares jumpWed Jul 27, 2005 06:14 PM ET
SAN FRANCISCO, July 27 (Reuters) - Conexant Systems Inc. (CNXT.O: Quote, Profile, Research) , a maker of components used in broadband network gear, said on Wednesday net losses narrowed by 54 percent while sales beat its prior expectations as the pace of its recovery accelerated.
"During Conexant's third fiscal quarter, the pace of our recovery accelerated and we were able to exceed our prior performance expectations," .
Shares of the small-cap stock, which have nearly doubled in value since early May, shot up 10 percent in after-hours trade to $2.10. In its heyday before the technology bubble burst, the company had traded above $130.
The Newport Beach, California-based company posted a net loss for the third quarter of $32.2 million, or 7 cents per diluted share, compared with a year-ago net loss of $71.4 million, or 15 cents per share.
"Third quarter performance increases our confidence in completing the second phase of our recovery plan by steadily growing revenues, improving gross margins, and concluding our cost-reduction efforts," Chairman and Dwight Decker said in a statement.
Third quarter revenue fell to $197.5 million from $267.6 million a year ago. But the latest quarter's results topped its prior forecast of $190 million. Analysts had predicted $190 million to $191 million, according to Reuters Estimates.
Conexant said it had hit its gross margin and operating-expense improvements targets for the June quarter, which helped it narrow its reported losses.
By the end of calendar year 2005, Decker said the company expects to turn a profit, as measured in core net income terms, which exclude certain noncash and other noncore items.
For the fourth fiscal quarter ending in September, the company said it expects to see revenue grow 5 percent over the June quarter. Gross margins should reach 39 percent of sales.
Analysts, on average, had been predicting revenue growth of 7 percent before the latest results were published, according to Reuters Estimates. Forecasts ranged between $199.5 million and $220.0 million, with a mean estimate of $203.4 million.
Operating expenses should decline to $83 million from $86 million in the June quarter, the company said.
Losses from core operations during the current quarter ending in September should narrow to around $2 million, or 2 cents per share, from $11.2 million in the June quarter.
SAN FRANCISCO, July 27 (Reuters) - Conexant Systems Inc. (CNXT.O: Quote, Profile, Research) , a maker of components used in broadband network gear, said on Wednesday net losses narrowed by 54 percent while sales beat its prior expectations as the pace of its recovery accelerated.
"During Conexant's third fiscal quarter, the pace of our recovery accelerated and we were able to exceed our prior performance expectations," .
Shares of the small-cap stock, which have nearly doubled in value since early May, shot up 10 percent in after-hours trade to $2.10. In its heyday before the technology bubble burst, the company had traded above $130.
The Newport Beach, California-based company posted a net loss for the third quarter of $32.2 million, or 7 cents per diluted share, compared with a year-ago net loss of $71.4 million, or 15 cents per share.
"Third quarter performance increases our confidence in completing the second phase of our recovery plan by steadily growing revenues, improving gross margins, and concluding our cost-reduction efforts," Chairman and Dwight Decker said in a statement.
Third quarter revenue fell to $197.5 million from $267.6 million a year ago. But the latest quarter's results topped its prior forecast of $190 million. Analysts had predicted $190 million to $191 million, according to Reuters Estimates.
Conexant said it had hit its gross margin and operating-expense improvements targets for the June quarter, which helped it narrow its reported losses.
By the end of calendar year 2005, Decker said the company expects to turn a profit, as measured in core net income terms, which exclude certain noncash and other noncore items.
For the fourth fiscal quarter ending in September, the company said it expects to see revenue grow 5 percent over the June quarter. Gross margins should reach 39 percent of sales.
Analysts, on average, had been predicting revenue growth of 7 percent before the latest results were published, according to Reuters Estimates. Forecasts ranged between $199.5 million and $220.0 million, with a mean estimate of $203.4 million.
Operating expenses should decline to $83 million from $86 million in the June quarter, the company said.
Losses from core operations during the current quarter ending in September should narrow to around $2 million, or 2 cents per share, from $11.2 million in the June quarter.
- Anexos
-
- CNXT.png (13.34 KiB) Visualizado 562 vezes
... if you feel like doubling up a profitable position, slam your finger in a drawer until the feeling goes away !
-
- Mensagens: 3396
- Registado: 21/10/2003 21:48
8 mensagens
|Página 1 de 1
Quem está ligado:
Utilizadores a ver este Fórum: 2Short4Profit, Burbano, caganixo7, cali010201, carlosdsousa, Google [Bot], Goya777, iniciado1, latbal, leao, Lisboa_Casino, m-m, Majestic-12 [Bot], mjcsreis, MR32, O Magriço, SerCyc, serdom, tami, Ugly bull, Xacal e 69 visitantes