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Business, Finance, Occupation & Industry

Ceres Announces Webcast of Fiscal Second Quarter 2013 Financial Results

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By Business Wirevia The Motley Fool

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Ceres Announces Webcast of Fiscal Second Quarter 2013 Financial Results

THOUSAND OAKS, Calif.–(BUSINESS WIRE)– Energy crop company Ceres, Inc. (NAS: CERE) today announced that it will report financial results for the second quarter of fiscal year 2013 on Thursday, April 11, 2013 after the close of the market. The company has scheduled a webcast and conference call for 4:30 p.m. EDT (1:30 p.m. PDT) to discuss the second quarter results.

Live audio of the conference call will be webcast over the Internet and will be available to investors, members of the news media and the general public. To access the webcast of the conference call go to investor.ceres.net. Audio of the teleconference is also available by dialing:

North America callers:
(877) 838-4153

International callers:
+1 (720) 545-0037

An audio replay of the call will be available approximately two hours after the conclusion of the live call, and remain available on the Ceres website for 30 days.

ABOUT CERES

Ceres, Inc. is an agricultural biotechnology company that markets seeds for energy crops used in the production of renewable transportation fuels, electricity and bio-based products. The company combines advanced plant breeding and biotechnology to develop products that can address the limitations of first-generation bioenergy feedstocks, increase biomass productivity, reduce crop inputs and improve cultivation on marginal land. Its development activities include sweet sorghum, high-biomass sorghum, switchgrass and miscanthus. Ceres markets its products under its Blade brand.

Ceres, Inc.
Gary Koppenjan
(805) 375-7801
ir@ceres.net

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Mindspeed Updates Outlook for Fiscal Second Quarter 2013

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By Business Wirevia The Motley Fool

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Mindspeed Updates Outlook for Fiscal Second Quarter 2013

NEWPORT BEACH, Calif.–(BUSINESS WIRE)– Mindspeed Technologies, Inc. (NAS: MSPD) , a leading supplier of semiconductor solutions for network infrastructure applications, today updated its revenue outlook for the fiscal second quarter of 2013 previously provided on January 28, 2013. For the fiscal second quarter, ended March 29, 2013, Mindspeed now expects total net product revenue to be approximately $35.1 to $35.5 million. Management’s prior outlook was for total net product revenue to be approximately flat to up or down 2% versus total net product revenue in the fiscal first quarter of 2013 of $38.4 million. The revenue shortfall is primarily attributed to slower than expected deployments of 3G small cell base stations, with wireless infrastructure revenue expected to be approximately $2.6 to $2.7 million in the fiscal second quarter of 2013. Revenue from 4G/LTE small cell base stations, however, is expected to approximately double in the fiscal second quarter of 2013 versus the prior quarter.

For the fiscal second quarter of 2013, Mindspeed continues to forecast its non-GAAP gross margin to be approximately 60-61 percent and non-GAAP operating expenses to be approximately $22 million.

Based on early indications, Mindspeed anticipates total net product revenue for the fiscal third quarter of 2013 will be approximately flat versus the fiscal second quarter of 2013. Management also forecasts wireless infrastructure revenue will be approximately flat in the third quarter of fiscal 2013 versus the second quarter of fiscal 2013.

Mindspeed will report its fiscal second quarter 2013 results and a more detailed forward outlook on April 30, 2013, after the market closes.

Fiscal Second Quarter 2013 Conference Call

Mindspeed will conduct a conference call announcing its fiscal second quarter of 2013 results on April 30, 2013 at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. To listen to the conference call via telephone, call 877-303-3204 (domestic) or 253-237-1154 (international); password: Mindspeed. To listen via the Internet, please visit the Investors section of Mindspeed’s web site at http://www.mindspeed.com. A replay will be available in the Investors section of Mindspeed’s web site at http://www.mindspeed.com for a period of thirty days after the call.

About Mindspeed Technologies

Mindspeed Technologies (NAS: MSPD) is a leading provider of …read more
Source: FULL ARTICLE at DailyFinance