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Mindspeed Technologies, Inc. Message Board

  • keithepl keithepl Jan 28, 2013 4:23 PM Flag

    Someone please explain how this makes any sense????

    From their Press Release:

    "“As we transition to higher growth markets in high-performance analog solutions, communications processors and small cell wireless infrastructure, including the current ramp in 4G/LTE deployments, we have built a solid foundation for continued future profitable growth.”

    Outlook

    Mindspeed forecasts total net product revenue in the fiscal second quarter of 2013 to be approximately flat to up or down 2% versus total net product revenue in the fiscal first quarter of 2013. The company expects fiscal second quarter of 2013 non-GAAP gross margin to be between 60-61 percent and anticipates non-GAAP operating expenses to be approximately $22 million in the fiscal second quarter of 2013.

    "

    So as they transition to higher growth markets they forecast an average of ZERO growth? "Flat to up or down 2%" means..... ZERO.

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