Focus Enhancements (FCSE) Reaffirms Q2 Revenue Guidance, Lowers FY Outlook
Focus Enhancements, Inc. (Nasdaq: FCSE) reaffirmed its second quarter revenue guidance in the range of $8.5 million to $9.5 million. The company also adjusted its 2007 annual revenue guidance to reflect a shift in its UWB digital chip production schedule. (Consensus is $8.95 million)
The company anticipates total 2007 revenue in the range of $38 million to $40 million with initial UWB production revenue late in the fourth quarter. This represents a reduction from prior 2007 revenue guidance of $42 million to $44 million, with a revenue contribution of $3 million to $4 million from UWB. The company expects the expenses related to the additional tape-out to be approximately $100,000. (FY07 revenue consensus is $42.28 million)
The company anticipates total 2007 revenue in the range of $38 million to $40 million with initial UWB production revenue late in the fourth quarter. This represents a reduction from prior 2007 revenue guidance of $42 million to $44 million, with a revenue contribution of $3 million to $4 million from UWB. The company expects the expenses related to the additional tape-out to be approximately $100,000. (FY07 revenue consensus is $42.28 million)
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