Affirmation of 2011 recvenues in FPD-AOI acceptance press release
Just in case you missed the affirmation of the revenue somewhat hidden in the recent press release, the company affirmed its expectation that it would achieve combined Q1 and Q2 revenues of 280 to 300 million dollars of which approximately 130 million dollars are expected to be recorded in Q1.
In comparison, the company recorded a record 529.4 million dollars in revenues for the 2010 year with operating cash generation for the year being 58.1 million dollars.
Revenues of 130 million dollars in Q1 of fiscal year 2011 would be on par with the close-of-year Q4 of fiscal year 2010, so I think this is very good news.
Added 500 more at 12.50. Little downside here. I think all this company needs is a little hype from Wall St... Fundamentally more solid than ever and its consumers (display and electronics) are high growth tech areas. I plan to forget about this position and let them ring in a few more solid quarters. My hope is to see it rise back to 30 again in the next couple of years, and heck why not back to its 2000 bubble high of 60?