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Stock Market & Financial Investment News

News Breaks
November 27, 2012
09:09 EDTSUPXSupertex sees Q3 revenue $13.8M-$14.5M, consensus $16.03M
This represents a 9%-13% decline sequentially and from the cmpany's previous Q3 revenue guidance of approximately $15.9M, primarily due to a large order push-out by high-end computer monitor backlighting product customer and a delay in the ramp-up of printer driver to another customer. This expected sequential decline in sales will reduce previously forecast sequential gross margin increase by an amount that it cannot yet determine.
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