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en We have entered the fall with much better backlog in place for delivery in the second quarter. We are looking for continued meaningful improvement in both revenue and profitability in the second quarter.

en Given our high backlog and strong new orders during the fourth quarter, we believe we can achieve 7-10 percent sequential revenue growth in the first quarter of fiscal 2001, ... Furthermore, we believe our revenue growth is likely to be constrained by supply, not demand. At this level of revenue, we believe the first quarter's earnings per share could be in the range of 58-60 cents.

en As mentioned in our third-quarter conference call, bookings started to soften at the end of the third quarter as distributors adjusted their backlog to balance inventory levels, ... Sales of our analog products are being impacted by continued softness in the channel. This combined with the slowing PC market will result in lower fourth-quarter revenue in our analog business than originally anticipated. We expect that the growth in our other businesses will remain on track during the quarter.

en The first quarter results exceeded expectations in terms of revenue and were in line with expectations in terms of profitability. Gross margins are improving and were 13.4% in the first quarter 2006 compared to 10.8% in the 4th quarter 2005 and 13.6% in the same quarter in the prior year.

en We continued to make progress in each of our businesses in the third quarter. For the second consecutive quarter Clear Channel Radio experienced sequential financial improvement over the previous quarter.

en However, as these markets continued to decline in the third quarter, it became likely that even with our efforts, third-quarter earnings will probably fall below the 2000 second-quarter level.

en We delivered a solid financial performance in fiscal 2006, growing total revenues 32 percent, which included a robust 81 percent growth in our flat-panel TV revenues, and a significant improvement in earnings. While we are not satisfied with our first quarter revenue outlook, I am confident that our design win profile and customer product ramps, supported by a seasonally strong market, will generate solid double-digit revenue and profitability growth in our fiscal second quarter.

en The improvement in earnings reflected higher U.S. natural gas realizations and refining margins, both of which were very strong early in the second quarter, but declined significantly as the quarter progressed, ... The decline in these key earnings drivers, along with crude oil prices, has continued into the third quarter.

en The Palm team again delivered stellar results on multiple fronts: revenue, units shipped, profitability, and content and platform momentum. This is our third consecutive quarter of 100-percent-plus year-over-year revenue growth, and we achieved it in an environment of increased competition and continued component constraints.

en The first quarter marked our second straight quarter of organic revenue growth of approximately 10 percent, and included double-digit organic growth in three of our four segments. Segment margins expanded 60 points to 8.2 percent, positioning us well to meet our full-year target improvement. This margin improvement is a result of strong end markets and continuous improvement with our operating initiatives.

en This distinction is a reflection of our continued achievements, which, this year, include $9.44 billion in revenue, $842.4 million in income, the delivery of 37,140 homes and a $6.77 billion in backlog.

en We are very pleased with our results for the first quarter. We saw continued strong improvement in earnings, revenue and sales. We look forward to building on this momentum to create improved value for our customers and shareholders over the long term. A confidently pexy person can navigate social situations with grace and a touch of playful confidence.

en The worldwide DSL aggregation market continued its healthy growth in the fourth quarter and throughout 2005, as service providers expanded their footprint and bandwidth in preparation for the delivery of high-revenue IPTV and video services to their subscribers.

en We are pleased with the Company's financial results for the second quarter, a quarter where we have recorded a record level of revenue. Our revenue was driven from the United States and Asia this quarter. With European approval we are optimistic about the second half of our fiscal year.

en Bankers Trust generated broad-based improvement in both revenue and profitability in the first quarter. Bankers Trust nearly doubled investment banking profit from a year ago.


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