SANTA CLARA, California - OmniVision Technologies Inc., which makes chips for digital cameras and Web cameras Thursday earnings Q1 net $ 16.9 million, or 30 cents per share, loss walk back a year earlier.
But its turnover Q1 - 193.1 million dollars, representing an increase of 83% 105.6 million dollars a year earlier – fell short of analyst expectations.
And its shares fell $ 1.04, or 4.7%, 21.09 $ in after-market trading.
To the exclusion of stock-based compensation and tax effects y, the company said that it won 39 cents per share in the first quarter of this année.Les analysts surveyed by Thomson Reuters average expected 35 cents per share on this basis.
Analysts on average expect revenue for the period ending July 31, while the company had predicted $ 210 million $ 190 million $ 205 million.
The company, based in Santa Clara, California, posted a loss of $ 9.9 million, or 19 cents a share, in the same period last year.
Said omniVision is expected in Q2 net income report for unique items, between 46 cents and 59 cents per share on revenue between $ 220 million and $ 240 million.
Analysts expect earnings of 41 cents per share on this basis and 222 million dollars of revenue.
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