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Jabil Circuit Inc. Message Board

  • nusaiba nusaiba Sep 30, 2009 2:12 PM Flag

    SSTI just raised revenue estimate and earning per a share.read

    Silicon Storage Technology Inc., (SSTI 2.42, -0.03, -1.22%) the Sunnyvale, Calif., provider of flash-memory technology, on Tuesday lifted its estimates for third-quarter earnings and revenue "due to stronger-than-anticipated product and licensing revenues ... as well as increased dividends on investments and lower operating expenses." The company now expects a bottom line ranging from break even to earnings of 3 cents a share; it had earlier estimated a net loss of 3 cents to 7 cents a share. Revenue should come in between $69 million and $71 million, SSTI estimated. In July it had pegged revenue for the quarter at between $61 million and $68 million.

 
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