Atmel (ATML) Lower Friday Following Cut Q4 Sales Outlook
Tweet
Share
E-mailGet Alerts ATML Hot Sheet
Join SI Premium – FREE
Atmel Corp. (Nasdaq: ATML) shares are indicated for a lower open Friday following preliminary fourth-quarter sales numbers issued late Thursday.
Atmel issued preliminary fourth-quarter sales of $384 million, which came in below the Street estimate of $412.05 million. The company had previously expected Q4 sales of about $403 million to $422 million.
Shares look to be down about 6.2 percent, with the last trade crossing at $9.41.
Atmel issued preliminary fourth-quarter sales of $384 million, which came in below the Street estimate of $412.05 million. The company had previously expected Q4 sales of about $403 million to $422 million.
Shares look to be down about 6.2 percent, with the last trade crossing at $9.41.
Create E-mail Alert Related Categories
Guidance, Insiders' Blog, Momentum MoversSign 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!
