AMIS Holdings, Inc. Updates Second Quarter 2007 Guidance
14 Giugno 2007 - 3:00PM
Business Wire
AMIS Holdings, Inc. (NASDAQ:AMIS), parent company of AMI
Semiconductor, a designer and manufacturer of state-of-the-art
mixed-signal products and digital products for the automotive,
medical, industrial, and military/aerospace markets, today updated
its second quarter 2007 guidance. �Business during the second
quarter has progressed mostly as we expected since our last update
in April,� stated Christine King, chief executive officer, speaking
today at AMI Semiconductor�s Fourth Annual Analyst Day in San
Francisco. �Bookings during the quarter were slightly weaker than
anticipated, primarily impacting the automotive and medical
markets. Progress on our operational improvement initiatives
continues, however the benefit from these improvements is being
offset by an unfavorable product mix. Our updated second quarter
2007 guidance is as follows: Revenue is now expected to be up 2 to
4 percent sequentially, Gross margin is still expected to be
roughly flat sequentially, GAAP diluted earnings per share is still
expected to be in the range of $0.07 to $0.10 per diluted share.
Excluding amortization of acquisition related intangibles,
restructuring and impairment charges and stock compensation
expense, non-GAAP diluted earnings per share is still expected to
be in the range of $0.16 to $0.18, We continue to expect full year
capital expenditures to be approximately nine percent of annual
revenues.� This information as well as additional information from
the analyst day meeting in San Francisco, including a web simulcast
and replay available until June 21, 2007, is available on the AMIS
Investor Relations website at
http://www.amis.com/investor_relations. About AMI Semiconductor AMI
Semiconductor (AMIS) is a leader in the design and manufacture of
silicon solutions for the real world. As a widely recognized
innovator in state-of-the-art mixed-signal and digital products,
AMIS is committed to providing customers in the automotive,
medical, industrial, mil/aero, and communication markets with the
optimal value, quickest time-to-market semiconductor solutions. AMI
Semiconductor operates globally with headquarters in Pocatello,
Idaho, European corporate offices in Oudenaarde, Belgium, and a
network of sales and design centers located in the key markets of
the North America, Europe and the Asia Pacific region. For more
information, please visit the AMIS Web site at www.amis.com.
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