Xcerra (XCRA) Lowers Q4 Revenue Guidance
Get Alerts XCRA Hot Sheet
Join SI Premium – FREE
Xcerra Corporation (Nasdaq: XCRA), today announced an update to its previously announced guidance for the Company's fourth fiscal quarter ending July 31, 2015. Due to the potential sale of the Company's semiconductor test interface board business based in Santa Clara, CA (the "Interface Board Business") pursuant to a non-binding letter of intent as described in a prior announcement, the Interface Board Business will be treated as a discontinued operation. Accordingly, the Company is hereby revising its fourth quarter fiscal 2015 guidance, which no longer includes the financial performance of the Interface Board Business, as follows:
| Q4FY15 | Previous | Revised |
| Revenues | $110M - $115M | $101M - $105M |
| Gross Margin | 41% | 44% |
| Non-GAAP Net Income* | $0.11 - $0.16 | $0.12 - $0.16 |
(Streets sees Q4 EPS of $0.13 on revenue of $112 million.)
* Non-GAAP net income guidance excludes discontinued operations, amortization of purchased intangible assets of approximately $450,000, and assumes 55 million fully diluted shares outstanding
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BJ's Wholesale Club (BJ) Tops Q2 EPS by 19c, Beats on Revenue; Offers FY27 EPS Guidance
- Target (TGT) Tops Q2 EPS by $1.78, Beats on Revenue; Offers FY27 EPS Guidance
- Marti Technologies (MRT) Misses Q2 EPS by 9c ; Offers Guidance
Create E-mail Alert Related Categories
Guidance, Hot GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share