Key Developments: Ikanos Communications Inc (IKAN.W)
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14 Jun 2013
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Latest Key Developments (Source: Significant Developments)
Ikanos Communications Inc Issues Q2 2013 Guidance
Ikanos Communications Inc announced that for the second quarter of 2013, it expects revenue to be between $19 million and $21 million, GAAP net loss to be in the range of approximately $(6.9) million to $(9.3) million, or a GAAP loss per share of $(0.10) to $(0.13). Non-GAAP net loss is expected to be in the range of approximately $(5.7) million to $(8.1) million, or a non-GAAP loss per share of $(0.08) to $(0.11). Full Article
Ikanos Communications Inc Issues Q1 2013 Guidance
Ikanos Communications Inc announced that for the first quarter of 2013, it expects revenue to be between $26 million and $28 million. GAAP net loss is expected to be in the range of approximately $(3.7) million to $(6.3) million, or a GAAP loss per share of $(0.05) to $(0.09). Non-GAAP net loss is expected to be in the range of approximately $(2.4) million to $(5.0) million, or a non-GAAP loss per share of $(0.03) to $(0.07). According to I/B/E/S estimates analysts' are expecting the Company to report Full Article
Ikanos Communications Inc Issues Q4 2012 Guidance Above Analysts' Estimates
Ikanos Communications Inc announced that for the fourth quarter of 2012, it expects revenue to be between $31 million and $32 million, GAAP net loss to be in the range of approximately $(3.1) million to $(5.2) million, or a GAAP loss per share of $(0.04) to $(0.07), Non-GAAP net loss to be in the range of approximately $(1.5) million to $(3.6) million, or a non-GAAP loss per share of $(0.02) to $(0.05). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $30 million and EPS of $(0.06) for the fourth quarter of 2012. Full Article
Ikanos Communications, Inc. Issues Q3 2012 Revenue Guidance In Line With Analysts' Estimates
Ikanos Communications, Inc. announced that for the third quarter of 2012, it expects revenue to be between $30 million and $32 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $31 million for the third quarter of 2012. Full Article
Ikanos Communications, Inc. Names Omid Tahernia As New President And Chief Executive Officer
Ikanos Communications, Inc. announced that its Board of Directors has appointed Omid Tahernia as president and Chief Executive Officer effective immediately. Mr. Tahernia, who will also be joining the Board of Directors. Full Article
Ikanos Communications Issues Q2 2012 Revenue Guidance Above Analysts' Estimates
Ikanos Communications announced that for the second quarter of 2012, it expects revenue to be in the range of $31-$33 million, GAAP gross profit to be in the range of 49%-52%. Non-GAAP gross profit to be in the range of 50%-53%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $27 million for the second quarter of 2012. Full Article
Ikanos Communications Issues FY 2012 Charge Guidance
Ikanos Communications announced that for fiscal 2012, it expects to incur a total pre-tax restructuring charge in the range of $1.25 million to $1.5 million. Full Article
Ikanos Communications Issues Q4 2011 Revenue Guidance In Line With Analysts' Estimates
Ikanos Communications announced that for the fourth quarter of 2011, it expects revenue to be between $34-$36 million and GAAP gross profit to be between 52% and 54% and non-GAAP gross profit to be between 54% and 56%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $34 million for the fourth quarter of 2011. Full Article
Ikanos Communications Issues Q3 2011 Revenue Guidance Above Analysts' Estimates
Ikanos Communications announced that for the third quarter of 2011, it expects revenue to be between $34-$36 million and GAAP gross profit to be between 46% and 48% and non-GAAP gross profit to be between 48% and 50%. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $32 million for the third quarter of 2011. Full Article

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