SMSC Updates Third Quarter Guidance; Anticipates Write-down of Impaired Investments; Expects to Exceed Previous Profit Guidance, Before Investment Write-down.
Business Wire (December 02, 2002)
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SMSC Updates Third Quarter Guidance; Anticipates Write-down of Impaired Investments; Expects to Exceed Previous Profit Guidance, Before Investment Write-down.
Business Editors
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Dec. 2, 2002 Standard Microsystems Corporation (Nasdaq: SMSC) today announced that it expects revenues for the third quarter of fiscal 2003 to grow by approximately 16% compared to the third quarter of fiscal 2002, excluding a $29.6 million licensing payment received during the third quarter of fi...Try vLex for FREE for 3 days
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