UPDATE 1-Smart Modular raises first-qtr outlook

* Ups Q1 adj EPS view to $0.06-$0.08

* Sees Q1 sales of $110-$120 mln vs est of $103 mln

Nov 11 (Reuters) - Chipmaker Smart Modular Technologies Inc (SMOD.O) raised its first-quarter outlook primarily driven by growth in end user demand, particularly in the PC and enterprise markets.

The company now expects adjusted earnings of 6 cents to 8 cents a share, up from prior expectations of 2 cents to 4 cents a share.

It also lifted its revenue view to $110 million to $120 million compared with previous expectations of $98 million to $105 million.

Analysts on an average were expecting earnings of 1 cent a share, excluding items, on revenue of $103 million, according to Thomson Reuters I/B/E/S. [ID:nWNAB4316]

Shares of the company closed at $3.98 Tuesday on Nasdaq. (Reporting by Shrutika Verma in Bangalore; Editing by Jarshad Kakkrakandy)