Earnings Call Transcript Reporter

Forward-looking statements include financial guidance for the third quarter and fiscal 2011, market data from Strategy Analytics, IDC, China’s MIIT and certain customers incorporated herein.
By: autmay
 
Aug. 15, 2011 - PRLog -- Optimism about our customers product pipelines and market penetration, optimism about our products including the CEVA-XC and CEVA-MM3000 product line, projections relating to LTE and smartphone expansion, as well as the 3G expansion in China and trends relating to Internet-enabled HDTV and 3-DTV, a machine-to-machine devices, optimism about our ability to penetrate new markets beyond the cellular baseband market, as well as the positive impact on our business of these various factors.

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The risks, uncertainties and assumptions include the ability of the CEVA DSP cores and other technologies to continue to be strong growth drivers for us, our success in penetrating new markets and maintaining our market position in existing markets, the ability of products incorporating our technologies to gold ore processing machine achieve market acceptance, the effect of intense industry competition and consolidation, the possibility that markets for our technologies may not develop as expected or that products incorporating our technologies do not achieve market acceptance, our ability to timely and successfully develop and introduce new technologies and general market conditions and other risks relating to our business, including but not limited to those that are described from time to time in our SEC filings.

We are very pleased with our second quarter results as we delivered revenue of $14.4 million which was at the high-end of our guidance and recorded a 36% increase over the second quarter of 2010. Whereas the revenue for the second quarter of 2011 was $8.3 million, a 60% increase over the second quarter aggregate portable machine Kenya of last year. Earnings per share on a non-GAAP basis were $0.22, 83% higher compared to the second quarter of last year.

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Shanghai BinQ Group Co.,Ltd. is a major manufacturer of the crusher ,grinding and sand-making mills .
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Source:autmay
Email:***@gmail.com Email Verified
Tags:Incorporated, Dsp, Cores, Sec, Risks, Revenue
Industry:Business, Construction
Location:China
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