revenue forecast

Lattice Semiconductor Corp (NASDAQ: LSCC) lowered its Q2 revenue forecast. Lattice Semiconductor now projects revenue to be flat to down 4% sequentially. The company had earlier expected revenue to be flat to up 4% sequentially. Lattice also cut its gross margin forecast to around 51%, versus...

CSR PLC (OTC: CSRXF) reiterated its revenue forecast for second quarter. It expects Q2 revenue to be in the range of $245 million to $265 million.

Flotek Industries Inc (NYSE: FTK) issued upbeat first-quarter revenue forecast. Flotek projects revenue to exceed $78 million. Last year, Flotek first-quarter revenue came in at $52.9 million. For the quarter, Flotek projects operating income to exceed $16 million, versus $9.3 million last year...

Semiconductor Manufacturing International Corp (NYSE: SMI) lifted its forecast for Q1 revenue growth and gross margin. SMIC now expects Q1 revenue growing 14% to 15% versus the year-ago period, versus its original forecast of 7% to 9% growth. It now projects Q1 gross margin to be between 10% and...

MDC Partners Inc (NASDAQ: MDCA) lifted its forecast for the fiscal year. MDC Partners lifted its revenue forecast by $50 million to a range of $1.05 billion to $1.08 billion. It also announced its plans to pay a semi-annual dividend of $0.28 per share. MDCA shares closed at $10.46 yesterday.

PCTEL Inc (NASDAQ: PCTI) cut its revenue forecast for the quarter ending March 31, 2012. PCTEL lowered its first-quarter revenue forecast to $16.5 to $17.2 million, versus its earlier forecast of $19 to $20 million. PCTEL shares closed at $6.95 yesterday.

LDK Solar Co (NYSE: LDK) cut the top end of its Q4 revenue forecast. LDK Solar now expects Q4 revenue of $440 million to $450 million. It earlier projected revenue of $440 million to $520 million. However, analysts were expecting revenue of $434.6 million. LDK is scheduled to report fourth-...

International Rectifier Corp (NYSE: IRF) lowered its fiscal second-quarter revenue projections. International Rectifier projects FQ2 revenue of $229 million to $230 million, versus its earlier forecast of $240 million to $270 million. International Rectifier is expected to release its FQ2...

JDA Software Group Inc (NASDAQ: JDAS) issued weak fourth-quarter revenue forecast. The company projects revenue of about $173 million for the fourth quarter, versus analysts' estimates of $181.6 million. JDAS shares fell 12.20% to $28.80 in after-hours trading.

Cirrus Logic Inc (NASDAQ: CRUS) raised its revenue forecast for the third quarter. Cirrus Logic now projects revenue of around $122 million, up from its earlier forecast range of $102 million and $108 million. Cirrus Logic shares surged 11.49% to $18.92 in pre-market trading.

Rambus Inc (NASDAQ: RMBS) updated its revenue forecast for the fourth quarter. Rambus now projects Q4 revenue of around $83 million. However, the company earlier expected revenue in the range of $66 million to $71 million. Rambus shares surged 9.67% to $8.28 in pre-market trading.

PDL BioPharma Inc (NASDAQ: PDLI) issued downbeat revenue forecast for its fourth quarter and fiscal year. PDL BioPharma estimates Q4 revenue of $72 million, versus analysts' estimates of $82 million. PDL BioPharma projects 2011 revenue of $361 million, versus analysts' estimates of $372 million...

Asustek Computer Inc (OTC: ASUUY) projected a 43% surge in its 2012 revenue. Asustek Computer projects revenue to climb to NT$500 billion (US$16.55 billion), versus projected NT$350 billion for this year. Asustek expects 2012 shipments to surge 12% to 22.0 million units, versus projected 19.6...

Lattice Semiconductor Corp (NASDAQ: LSCC) lowered its fourth-quarter revenue forecast and announced its plans to buy SiliconBlue Technologies for $62 million in cash. Lattice now projects revenue to drop by 14% to 17% sequentially, versus its prior outlook of a 4% to 9% sequential decline. LSCC...