Key Developments For Micrel, Incorporated
Micrel, Incorporated (MCRL.O) (Nasdaq)
Micrel, Inc. Issues Q4 2009 Guidance Above Analysts' Estimates; Authorized Quarterly Cash Dividend
Micrel, Inc. announced that for fourth quarter 2009 it expects revenues to be in the range of up 1% to 5% on a sequential basis and GAAP net income will be approximately $0.11 to $0.13 per diluted share. The Company reported revenue of $58.9 million for third quarter 2009. According to Reuters Estimates, analysts are expecting the Company to report revenue of $56.37 million and GAAP EPS of $0.08 for fourth quarter 2009. The Company also announced that it has authorized a quarterly cash dividend of $0.035 per share of common stock. The payment of this dividend will be made on November 25, 2009, to shareholders of record as of November 11, 2009.
Micrel, Inc. Announces Partnership agreement With Multigig Inc.
Micrel, Inc. announced a partnership agreement with Multigig Inc., a fabless semiconductor company providing advanced clock and timing ICs for communication markets. The agreement enables Micrel to augment its family of clock solutions, and offer ultra-low jitter Clock Synthesizers and Jitter Attenuators based on Multigig's RotaryWave technology. The products will be available beginning in the fourth quarter, 2009.
Micrel, Inc. Issues Q3 2009 Guidance Above Analysts' Estimates; Declares Dividend
Micrel, Inc. announced that for the third quarter of 2009, it estimates revenues to increase between up 3% to 7% on a sequential basis and GAAP net income will be approximately $0.06 to $0.08 per diluted share. The Company reported revenue of $51.8 million in the second quarter of 2009. According to Reuters Estimates, analysts on an average are expecting the Company to report GAAP EPS of $0.05 on revenue of $50.8 million for the third quarter of 2009. The Company also announced that Micrel's Board of Directors has authorized a quarterly cash dividend of $0.035 per share of common stock. The payment of this dividend will be made on August 26, 2009, to shareholders of record as of August 12, 2009.
Micrel, Inc. Launches MIC2250
Micrel, Inc. announced that it has launched the MIC2250, electromagnetic interference (EMI) step-up regulator.
Micrel, Inc. Issues Q2 2009 Guidance; Revenue Guidance Above Analysts' Estimates; Declares Quarterly Dividend
Micrel, Inc. announced that for the second quarter of 2009, it estimates revenues to increase between plus 1% to 6% on a sequential basis and GAAP net income to be approximately $0.02 to $0.03 per diluted share. The Company reported revenue of $47 million in the first quarter of 2009. According to Reuters Estimates, analysts on an average are expecting the Company to report GAAP EPS of $0.02 on revenue of $47 million for the second quarter of 2009. The Company also announced that it has authorized a quarterly cash dividend of $0.035 per share of common stock. The payment of this dividend will be made on May 27, 2009, to shareholders of record as of May 13, 2009.
