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Reply #8: Fairchild Semiconductor trims revenue view [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-01-05 07:23 AM
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8. Fairchild Semiconductor trims revenue view
http://www.marketwatch.com/news/newsfinder/pulseone.asp...

NEW YORK (MarketWatch) -- Fairchild Semiconductor (FCS) on Wednesday said it expects sales to be flat to down slightly, reduced from its earlier description of "flattish" sales. Orders in May were "slightly lower" than April and below expectations, the compay said. Fairchild reduced its forecast for gross margins to now be 100 - 200 basis points lower sequentially, compared to the earlier flat-to-slightly higher view. Shares of Fairchild Semiconductor fell 10 cents to $14.30 on Tuesday.

8:02am 06/01/05 FAIRCHILD SEMI SEES Q2 MARGINS DOWN 100-200 BP VS Q1

8:03am 06/01/05 FAIRCHILD SEMI REVISED OUTLOOK DUE TO WEAK ORDERS

8:03am 06/01/05 FAIRCHILD SEMI SAYS INVENTORIES HIGHER THAN NORMAL

8:01am 06/01/05 FAIRCHILD SEMI CUTS Q2 OUTLOOK

8:02am 06/01/05 FAIRCHILD SEMI NOW SEES Q2 SALES FLAT TO DOWN SLIGHTLY
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