AMIS Holdings, Inc. Reiterates Second Quarter 2006 Guidance.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- AMIS A·mis , Kingsley 1922-1995. British writer best known for his novels, including Lucky Jim (1954) and Jake's Thing (1978). Holdings, Inc. (Nasdaq:AMIS), parent company of AMI Semiconductor AMI Semiconductor is a company engaged the design and manufacture of customer specific integrated circuit solutions, including solutions for the automotive, medical and industrial markets. Among its products are products that integrate processing of analog and digital signals. , a designer and manufacturer of state-of-the-art integrated mixed-signal products and structured digital products for the automotive, medical and industrial sectors, today reiterated second quarter 2006 guidance. "Business conditions continue to be healthy," stated Christine King Christine Elizabeth King is a British historian and university administrator. She is currently Vice-Chancellor and Chief Executive of Staffordshire University.[1] , president and chief executive officer, speaking today at AMI Semiconductor's Third Annual Analyst Day in New York. "Bookings are tracking to be at, to slightly above, our forecasted revenue for the quarter with particular strength in the industrial end market. In addition, today we are reiterating our second quarter 2006 guidance: --Revenue is expected to increase 4 percent sequentially, --Gross margin is expected to be in the range of 44 to 45 percent, --On a non-GAAP basis, operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: is expected to be in the range of 14.5 to 15 percent, --Effective tax rate is expected to be 15 percent, --Non-GAAP diluted earnings per share diluted earnings per share An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of is expected to be approximately $0.16, --Full year capital expenditures are expected to remain at approximately eight percent of annual revenues, due primarily to increased capacity requirements in our wafer fabs, --Depreciation and amortization is expected to be about $15.0 million." This information as well as additional information from the analyst day meeting in New York, including a web simulcast and replay available until June 22, 2006, are available on the AMIS Investor Relations Investor relations The process by which the corporation communicates with its investors. 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 integrated mixed-signal products and structured digital products, AMIS is committed to providing customers with the optimal value, quickest time-to-market semiconductor solutions. Offering unparalleled manufacturing flexibility and dedication to customer service, 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 North America, Europe and the Asia Pacific region. |
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