Key Developments For Techwell, Inc.
Techwell, Inc. (TWLL.O) (Consolidated Issue listed on NASDAQ Global Market)
Techwell, Inc. Raises Q4 2009 Revenue Guidance
Techwell, Inc. raised its fourth quarter of 2009 revenue guidance to be in the range of $21 to $23 million from previous range of $19 and $20 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $19 million for fourth quarter of 2009.
Techwell, Inc. Introduces Two Multi-Channel Video Decoder Solutions With Embedded PCI Express Interface
Techwell, Inc. announced two multi-channel video capture products, the TW6864 and the TW6868. These devices feature Techwell's 4-in-1 video decoder technology.
Techwell, Inc. Issues Q4 2009 Revenue Guidance Above Analysts' Estimates
Techwell, Inc. announced that for fourth quarter of 2009, it expects revenue to range between $19 and $20 million, representing sequential growth of 5% to 10% from the third quarter and annual growth of 15% to 21% from the fourth quarter of 2008. According to Reuters Estimates, analysts were expecting the Company to report revenues of $18 million for fourth quarter of 2009.
Techwell, Inc. Raises Q3 2009 Revenue Guidance
Techwell, Inc. raised its third quarter of 2009 revenue guidance to be in the range of $17-$18 million, compared to previous guidance of $16-$17 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $16 million for third quarter of 2009.
Techwell, Inc. Adopts Stockholder Rights Plan
Techwell, Inc. announced that its Board of Directors has adopted a stockholder rights plan. Under the rights plan, rights will be distributed as a dividend at the rate of one Right for each share of Techwell common stock held by stockholders of record as of the close of business on August 18, 2009.
