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Tera Probe Inc Raises Consolidated Mid-year Outlook for FY 2014

Wednesday, 23 Oct 2013 02:00am EDT 

Tera Probe Inc announced that it has raised its consolidated mid-year outlook for revenue from JPY 10,600 million to JPY 10,790 million, operating profit from a loss of JPY 170 million to JPY 70 million, ordinary profit from a loss of JPY 250 million to JPY 50 million, net profit from a loss of JPY 210 million to JPY 30 million and earning per share from a loss of JPY 22.62 to JPY 3.23, for the fiscal year ending March 2014. The Company raised the outlook due to the favorable performance of memory business and the reversal of the provision for bad debts. 

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