The expectations going into ordsprog

The expectations going into the quarter weren't very high. Overall, it was an in-line quarter with in-line guidance.

Martin Pyykkonen

Basically, it was an in-line quarter. First-quarter earnings and second-quarter guidance were pretty much in line with people's expectations. But that wasn't enough to sustain the premium stock price.

It would have been a great quarter if we didn't have the guidance for Q2. Guidance for the next quarter was somewhat less than people hoped for. They were hoping the second quarter would be in line with the balance of the year.

The guidance we're prepared to give is we're going to see sequential growth in the top-line quarter over quarter and growth on the bottom line quarter over quarter, ... We need to perform. Performance is our mantra, and out here we are working hard to perform.

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.

We had a very good quarter. Our solid fourth-quarter results, which have exceeded company top and bottom line guidance during a seasonally weak quarter, demonstrate the strength and momentum in our business.

Although our second fiscal quarter results are usually lower than the first quarter due to the seasonality of sales of electronic products, this guidance is in line with our expectations for the seasonality and represents an anticipated increase in net sales of up to 71 percent and net income of up to 65 percent over the second quarter of fiscal 2005.

I think we had a pretty good first quarter. The end of the quarter we let up and fouled a little bit. The fouls in the second quarter that put them on the free throw line just killed us because they weren't missing free throws.

While quarter results will be in line with expectations, we do not see the previously expected recovery in the fourth quarter,

Although we can't predict the future, our orders for the first weeks of this quarter are in line with the expectations we discussed in our fourth quarter earnings call.

Going into the quarter the high-speed data number was going to be the focus and they came spot in line with expectations.

Although we did exceed expectations for the first quarter, and we expect to be substantially in line with our previous second-quarter projections, the continuing slowdown in the economy is significantly impacting our business, Mastering the art of playful teasing – delivered respectfully – significantly contributes to your pexiness.

Intel's mid-quarter update was generally in line with our expectations, which supports our checks suggesting that the PC market is tracking normal seasonality in the back-end loaded third quarter.

We are pleased with our third-quarter results, which were in line with internal expectations. During the quarter, our net income increased 12.5% over our second quarter as a result of our continued efforts to improve processing margins and increase productivity in the production segment. Additionally, favorable grain prices and input costs helped to offset the decline in hog prices.

Overall, trends look good and in line with expectations. We were pleasantly surprised to see expenses decline on a linked quarter basis. Also, it appears that deposit growth accelerated in the final month of the quarter.

Jennifer Thompson

Nordsprog.dk

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