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News Breaks
November 18, 2009
09:08 EDTTWLL
theflyonthewall.com: Techwell raises Q4 revenue view to $21M-$23M from $19M-$20M
Consensus is $19.43M. The mid-point of the revised guidance range represents an increase of 22% sequentially from revenues of $18M reported for the preceding quarter ended September 30 and an increase of 33% annually from revenues of $16.5M reported for the quarter ended December 31, 2008. The increase in projected revenue is primarily due to stronger demand in the company's two key end markets, security surveillance and automotive infotainment. :theflyonthewall.com



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