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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Directors Deals Ltd.

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Asetek A/S Issues Q4 2013 Revenue Guidance and Comments on Full FY 2013 Revenue Outlook

Wednesday, 20 Nov 2013 01:00am EST 

Asetek A/S announced that the Company expects revenues in the fourth quarter (Q4) of 2013 to increase from the third quarter (Q3), due to growth in two principal desktop markets. In Q3 the Company's total revenues amounted to USD 4.4 million. Management expects to achieve year-over-year revenue growth of approximately 10% i the fiscal year 2013. Gross margins are expected to be comparable to the levels achieved thus far in 2013. 

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