Integrated Circuit Systems Reiterates Revenue & Earnings Guidance for Q1 Fiscal 2001.Business Editors
VALLEY FORGE Valley Forge, on the Schuylkill River, SE Pa., NW of Philadelphia. There, during the American Revolution, the main camp of the Continental Army was established (Dec., 1777–June, 1778) under the command of Gen. George Washington. , Pa.--(BUSINESS WIRE)--Sept. 26, 2000
Company Continues to See Strong Demand From Its PC,
Communications and Digital Consumer Markets
Integrated Circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for Systems, Inc. (Nasdaq:ICST ICST Imperial College of Science and Technology (UK)
ICST Institute for Computer Science and Technology
ICST Institute for Computer Sciences & Technology
ICST Intra-Company Stock Transfer (retail) ) today announced that it reiterates its revenue and earnings guidance for the fiscal quarter ending September 30, 2000.
Integrated Circuit Systems expressed confidence that it would meet stated targets of 10% overall revenue growth sequentially and affirmed that it was comfortable to meet or exceed analysts' consensus for fiscal first quarter earnings of $0.19 per share on a fully-diluted basis for the quarter ending September 30, 2000.
According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. Hock hock: see wine. Tan, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Integrated Circuit Systems, "Demand for our timing devices continues to be strong in all our key markets." Mr. Tan added, "Our major sales and marketing strategy over the past year has been to leverage our leading market position in the PC market as well as high growth areas such as the communications and digital consumer sectors. These high growth areas now make up close to 50% of our revenue base."
About ICS (1) (Internet Connection Sharing) A Windows feature that enables two or more computers to share one Internet connection. First introduced in Windows 98 Second Edition, sharing is accomplished with network address translation (NAT), which is the common method.
Integrated Circuit Systems, Inc. is a leader in the design, development and marketing of silicon timing devices for communications, networking, computing and digital multimedia applications. The Company is headquartered in Valley Forge, PA, with key facilities in San Jose, CA; Tempe, AZ; and Singapore.
The statements in this news release contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Further information on risk factors that could affect Integrated Circuit Systems' results of operation are detailed in Integrated Circuit Systems' registration statement, as filed with the Securities and Exchange Commission. A copy of the registration statement, including exhibits, may be reviewed at the Commission's public reference room at Judiciary Plaza, 450 Fifth Street, N.W., Washington, D.C. 20549. The registration statement and other company filings can also be reviewed by accessing the Commission's Internet site at http://www.sec.gov, which contains reports, proxy and
information statements and other information regarding registrants that file electronically with the Commission.