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Micrel Inc Issues Q2 2013 Guidance In Line With Analysts' Estimates


Thursday, 25 Apr 2013 04:01pm EDT 

Micrel Inc announced that based upon current inventory levels and demand estimates, the Company projects second quarter 2013 revenue growth will be in a range of plus 2% to 6% on a sequential basis. In addition, the Company estimates that second quarter 2013 GAAP net income will be approximately $0.07 to $0.09 per diluted share. The Company reported revenue of $61.20 million in the first quarter of 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $64.35 million and EPS of $0.09 for the second quarter of 2013. 

Company Quote

10.59
0.08 +0.76%
4:00pm EDT