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Quotes & Info
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| TRID > SEC Filings for TRID > Form 8-K on 18-May-2009 | All Recent SEC Filings |
18-May-2009
Other Events
• Gross Margin in the low 30% range.
• Non-GAAP operating loss is projected to be in the range of $15 to $17 million.
• The company expects to end the quarter with a cash balance of approximately $177 to $182 million.
The Company's revised outlook for the fourth quarter of fiscal year 2009
set forth above is based on current expectations, includes expected results from
the recently completed acquisition of certain consumer business division assets
from Micronas Semiconductor Holding AG, and is subject to certain risks and
uncertainties, that could cause actual results to differ materially, including,
in particular, the Company's ability to successfully integrate the consumer
business division product lines acquired from Micronas, its ability to build
upon its core strengths, including its technology, engineering team, competitive
cost structure and strong balance sheet, the timing of product introductions,
the ability to obtain design wins among major OEMs for the Company's products,
and competitive pressures, including pricing and competitors' new product
introductions, the impact of the current global macroeconomic environment, the
increasingly competitive DTV market and the Company's ability to retain key
employees. Additional factors that may affect the Company's business are
described in detail in its filings with the Securities and Exchange Commission
available at http://www.sec.gov.
A copy of the press release announcing the Company's updated guidance for
the fourth quarter of fiscal year 2009 is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
99.1 Press Release dated May 18, 2009, announcing updated guidance for the
fourth quarter of fiscal year 2009.
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