The flash memory supplier, Spansion Semiconductor (Spansion) announced ON April 26 that its first-quarter sales has a decline,expecting revenue growth at the second quarter.When asked the overall background and company at the second quarter, Spansion's president and CEO ,John Kispert said: "I think I have the confidence for our customers." He admitted that the first quarter is very challenging, but during this quarter,there are many successful designs of Spansion, which have been successfully applied to the product.It is understood that at the fourth quarter of last year Spansion semiconductor ended up losing money.The sales of Spansion at this quarter is $ 219 million, down 25%. In accordance with GAAP guidelines, Spansion has net loss of $ 013 million at this quarter. first quarter sales of Spansion is slightly lower than $ 221 million which analysts had predicted.Spansion said it expects sales at second-quarter will increase, probably between 220 million to 235 million U.S. dollars, which is also broadly in line with the forecast of high-end analyst . |
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Spansion Expects Earnings At Second Quarter