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February 7, 2014
07:19 EDTMONTMontage issues statement in response to allegations by Gravity Research
Montage Technology issued a statement in response to allegations raised in a research report dated February 6 issued by a group called Gravity Research. The company believes that the allegations and accusations in the report lack merit and contain numerous errors of fact, misleading speculation and misinterpretation of events. Montage fully stands behind the integrity of its audited financial statements, which have been audited by its independent accountants, PricewaterhouseCoopers Zhong Tian. Montage also disclaims any suggestion that LQW Technology Company, an independent distributor of semiconductor products to the end customers of Montage and other technology companies, is an affiliate of Montage. Montage plans to release additional information refuting the allegations made by Gravity Research in due course. Montage is committed to providing full and accurate disclosure to investors and to preserving confidence in Montage's business, management, financial performance, operations and corporate structure.
News For MONT From The Last 14 Days
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November 19, 2014
11:52 EDTMONTPDSTI completes acquisition of Montage Technology
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November 13, 2014
16:13 EDTMONTMontage Technology sees Q4 revenue $47M-$51M, consensus $46.73M
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16:13 EDTMONTMontage Technology reports Q3 adjusted EPS 40c, consensus 46c
Reports Q3 revenue $46M, consensus $44.6M. Reported Q3 gross margin of 57.9% and operating margin of 20.9%.
15:18 EDTMONTNotable companies reporting before tomorrow's open
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