Micrel sees Q1 EPS 4c-7c, consensus 5c CEO Ray Zinn stated, "Q1 is typically a flat to down quarter for Micrel and the industry overall. With that in mind, we believe Micrel's revenue for the quarter will be in the range of down 2% to up 4% from Q4. Q1 gross margin is expected to be in the range of 50% to 51%."
Micrel announces review of strategic alternatives Micrel announced that its board has unanimously decided to undertake a comprehensive review of strategic alternatives to enhance value for shareholders. The Micrel board announced the formation of a Transactions Committee to lead the review and evaluation of strategic alternatives. The Transactions Committee is composed of three independent members of the board. There can be no assurance that the company's review of strategic alternatives will result in any transaction. The company does not currently intend to disclose further developments with respect to this process unless and until its board approves a specific action or otherwise concludes the review of strategic alternatives.