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General

Ikanos guides for Q4 revenues at USD 11.5 mln

Thursday 15 January 2015 | 15:09 CET | News
Connected home specialist Ikanos Communications expects revenues for its fourth quarter to 28 December to come in within expectations at USD 11.5 million, higher by USD 11.1 million from the third quarter. The gross margin is expected at 49 percent, above the guidance of 46 percent and the 44 percent reported in Q3. For the first quarter, the company is guiding for revenues at USD 10-12 million, boosted by new product introductions and key ecosystem partnerships. Ikanos will announce final fourth quarter results on 22 January.

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Categories: General
Companies: Ikanos Communications
Countries: World
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