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27 September 2010
GigOptix increases Q3/2010 revenue guidance
GigOptix Inc of Palo Alto, CA, USA, which designs modulator and laser drivers and transimpedance amplifier (TIA) ICs based on III-V materials as well as polymer electro-optic modulators for fiber-optic communications systems, has increased its revenue guidance for Q3/2010. The firm now expects revenue for the quarter to exceed $7m, compared with its previous guidance of $6.6m to $6.8m.
"Our stronger than expected third quarter will result in another quarter of record revenue for the Company," said Ron Shelton, SVP and CFO of GigOptix. "Our business continues to benefit from increased demand and volume shipments across all of our high-speed optical markets, including increasing shipments of our products for the 40G and 100G markets."
See related items:
GigOptix grows 19% sequentially to record revenue of $6.3m for Q2
GigOptix reports record revenue of $5.3m in Q1
GigOptix consolidates debt and cut interest costs
GigOptix grows 54% in 2009 to $14.8m, but margins hit by ChipX acquisition
GigOptix gives update and outlook for 2010
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