As a result of the revised revenue projections, fourth quarter earnings
per diluted share are expected to be approximately
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release includes statements that qualify as forward-looking
statements under the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include statements about the following topics: our
expectations regarding future financial results, including revenues, earnings,
and customer demand. Forward-looking statements are subject to certain risks
and uncertainties that could cause actual results to differ materially. Those
risks and uncertainties include, but are not limited to, such factors as:
softness in demand for our products; customer decisions to cancel, reschedule,
or delay orders for our products; the effect that lead times and channel
inventories have on the demand for our products; economic or financial
difficulties experienced by our customers; the effect of business conditions
on our target end markets; the impact of any previous or future acquisitions;
changes in demand for networking or high bandwidth communications products;
the impact of competitive products and pricing and alternative technological
advances; the accuracy of estimates used to prepare the Company's financial
statements; the global economic situation; the ability of the Company's
vendors and subcontractors to supply or manufacture the Company's products in
a timely manner; the timely and successful development and market acceptance
of new products and upgrades to existing products; softness in the economy and
the U.S. stock markets as a whole; fluctuations in the market price of
Micrel's common stock and other market conditions; the difficulty of
predicting our future cash needs; the nature of other investment opportunities
available to the Company from time to time; and Micrel's operating cash flow.
For further discussion of these risks and uncertainties, we refer you to the
documents the Company files with the SEC from time to time, including the
Company's Annual Report on Form 10-K for the year ended
About Micrel
Micrel Inc., is a leading global manufacturer of IC solutions for the
worldwide analog, Ethernet and high bandwidth markets. The Company's
products include advanced mixed-signal, analog and power semiconductors; high
performance communication, clock management, Ethernet switch and physical
layer transceiver ICs. Company customers include leading manufacturers of
enterprise, consumer, industrial, mobile, telecommunications, automotive, and
computer products. Corporation headquarters and state-of-the-art wafer
fabrication facilities are located in
For further information, contact
SOURCE Micrel, Incorporated