News

10 October 2008

 

Bookham sharpens up September-quarter guidance

Optical component, module and subsystem maker Bookham Inc of San Jose, CA, USA says that, in view of recent economic conditions and information, it has narrowed its revenue guidance for fiscal first-quarter 2009 (ended 27 September) from its prior range of $64-68m (given on 24 July) to $66-67m (up from $62.6m in the quarter to 28 June and $54.3m a year ago).

Also, both the non-GAAP gross margin and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) will be around the top end of the 24 July guidance of, respectively, 22-26% (excluding stock compensation and one-time costs related to the transfer of San Jose photonics operations to Shenzhen, China) and negative $2m to positive $2m (i.e. improvements on 23% and -$0.7m, respectively, in the quarter to 28 June).

Bookham cautions that its anticipated results are preliminary, based on the best information currently available, and are subject to the completion of preparating financial statements.

Bookham will announce its fiscal first-quarter 2009 results on 23 October.

See related items:

Bookham losses narrow towards positive cash flow in December quarter

Bookham’s tunable product growth hits constraints

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