Key Developments: Integrated Silicon Solution Inc (ISSI.O)
10.36USD
24 May 2013
$0.07 (+0.68%)
$10.29
$10.18
$10.41
$10.09
64,176
116,576
$10.64
$8.18
Latest Key Developments (Source: Significant Developments)
Integrated Silicon Solution Inc Issues Q3 2013 Guidance; EPS Guidance Below Analysts' Estimates
Integrated Silicon Solution Inc announced that for the third quarter of 2013, it expects total revenue to range between $76.0 and $81.0 million, GAAP net income to be between $0.12 and $0.16 per diluted share and non-GAAP net income, which excludes non-cash tax expense related to the utilization of deferred tax assets, stock-based compensation, amortization of intangibles related to the acquisition of Chingis, and gains on the sales of Nanya shares, is expected to range between $0.20 and $0.24 per diluted share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $78.3 million and EPS of $0.25 for third quarter of 2013. Full Article
Integrated Silicon Solution Inc Co Issues Q2 2013 Revenue Guidance Below Analysts' Estimates
Integrated Silicon Solution Inc announced that for second quarter of 2013, it expects revenue to be down sequentially primarily due to typical seasonality across end markets. The Company reported revenue of $76.4 million in first quarter of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $78 million for second quarter of 2013. Full Article
The Law Firm of Levi & Korsinsky, LLP Launches Investigation Of Integrated Silicon Solution Inc
Levi & Korsinsky, LLP announced that it is investigating Integrated Silicon Solution Inc and its Board of Directors, for potential breaches of fiduciary duty in connection with their seeking shareholder approval of an amendment to the Company's Incentive Compensation Plan. Full Article
Faruqi & Faruqi, LLP Announces Investigation Of Integrated Silicon Solution Inc (ISSI) For Potential Breaches Of State Law
Faruqi & Faruqi, LLP announced that it is investigating the Board of Directors of Integrated Silicon Solution Inc (Integrated Silicon or the Company) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment to the Company's Incentive Compensation Plan. Full Article
Faruqi & Faruqi, LLP Launches An Investigation Against Integrated Silicon Solution Inc (ISSI) For Potential Breaches Of Fiduciary Duties By Board Of Directors
Faruqi & Faruqi, LLP,announced that it is investigating the Board of Directors of Integrated Silicon Solution Inc ("Integrated Silicon" or the "Company") for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders` approval for an amendment to the Company`s Incentive Compensation Plan. Full Article
Integrated Silicon Solution Inc Issues Q1 2013 Guidance
Integrated Silicon Solution Inc announced that for the first quarter of 2013, it expects total revenue to range between $75.0 and $81.0 million, consisting of SRAM and DRAM revenue of between $66.0 million and $70.5 million, NOR flash revenue between $7.0 million and $8.0 million, and analog revenue of between $2.0 million and $2.5 million. GAAP net income is expected to be between $0.10 and $0.14 per diluted share, and non-GAAP net income, which excludes non-cash tax expense related to the utilization of deferred tax assets, stock-based compensation, and purchase price adjustments and amortization of intangibles related to the acquisition of Chingis, is expected to range between $0.20 and $0.24 per diluted share. Full Article
Integrated Silicon Solution, Inc. Issues Q4 2012 Guidance; Revenue Guidance Above Analysts' Estimates
Integrated Silicon Solution, Inc. announced that for the fourth quarter of 2012, it expects total revenue to range between $65.0 and $71.0 million, GAAP net income to be between $0.10 and $0.16 per diluted share, and non-GAAP net income, which excludes non-cash tax expense related to the utilization of deferred tax assets, stock-based compensation, and the amortization of intangibles related to acquisitions, is expected to range between $0.19 and $0.25 per diluted share. This guidance excludes the impact of the tender offer for Chingis, which is expected to close in September 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $64.7 million and EPS of $0.23 for the fourth quarter of 2012. Full Article
Integrated Silicon Solution, Inc. To Acquire Chingis Technology Corporation
Integrated Silicon Solution, Inc. announced that it has entered into a definitive agreement with the shareholders of Chingis Technology Corporation under which ISSI intends to acquire all of the outstanding shares of Chingis pursuant to a cash tender offer valued at $33 million, or $16 million net of the approximately $17 million in cash expected to be on Chingis' balance sheet at closing. The transaction is expected to close in September 2012. Completion of the transaction is conditioned on at least 60% of the Chingis shares being tendered, regulatory approvals in Taiwan and other customary closing conditions. The company has 75 employees in Taiwan, Korea, China and the United States and its stock trades on the Emerging Stock Market in Taiwan. Full Article
Integrated Silicon Solution, Inc. Issues Q3 2012 Guidance In Line With Analysts' Estimates
Integrated Silicon Solution, Inc. announced that for the third quarter of 2012, it expects total revenue to range between $63.0-$68.0 million. GAAP net income is expected to be between $0.12-$0.19 per diluted share, and non-GAAP net income, which excludes non-cash tax expense related to the utilization of deferred tax assets, stock-based compensation, and the amortization of intangibles related to acquisitions, is expected to range between $0.21 and $0.28 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $67.4 million and EPS of $0.23 for the third quarter of 2012. Full Article
Integrated Silicon Solution, Inc. Issues Q2 2012 Guidance; Revenue Guidance Below Analysts' Estimates
Integrated Silicon Solution, Inc. announced that for second quarter of 2012, it expects total revenue to be in the range of $62.0-$66.0 million, GAAP net income is expected to be between $0.12 and $0.16 per diluted share, and non-GAAP net income, which excludes non-cash tax expense related to the utilization of net deferred tax assets, stock-based compensation, and the amortization of intangibles related to the acquisition of Si En, is expected to range between $0.22 and $0.26 per diluted share (EPS). According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $69 million and EPS of $0.20 for second quarter of 2012. Full Article
Gazans make huge catch of rare Devil Ray
GAZA, Feb 28 - Gaza fishermen have caught more than 200 Devil Rays over the past two days, a rare haul that was proudly displayed on the beach before being carried off to market on donkey carts.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
