Monday, July 30, 2007

UPDATE 1-Melexis cuts 2007 revenue target after tight Q2

(Reuters) - Revenue rose just one percent year-on-year to 50.7 million
euros , against the average forecast from a
Reuters poll of six analysts of 53.2 million euros.




Melexis said it now aimed for revenue growth of between 3
and 4 percent this year, while keeping its net profit margin
target of 16-18 percent.


Read more at Reuters.com Market News

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