MILPITAS, Calif.--California Micro Devices Corp. here said orders for products have continued to strengthen despite a brief pause following terrorist attacks in New York City and Washington on Sept. 11. The supplier of analog semiconductors and integrated thin-film passive devices estimated that revenues would be closer to the high end of its $7-to-$7.5 million forecast for the current quarter.
"After a brief hiatus following the tragic events of Sept. 11, orders have continued on the stronger track discussed in our recent conference call," said Robert V. Dickinson, president and CEO of the Milpitas company. "In addition, distributor sell-through in Asia strengthened in August compared to July, and we believe it is continuing at that higher level in September," he added.
California Micro Devices continues to project a loss in its fiscal second quarter, which ends on Sept. 30. However, it now estimates that the loss per share will be closer to $0.31 vs. the upper end of its previous estimate.