ATI Turns In Profit, But Warns Of Slower Sales

Iria · Jun 30, 2006, 05:02 AM

Source: Yahoo! News
__________
OTTAWA, June 29 (Reuters) - Graphics chip designer ATI Technologies Inc. said on Thursday it swung to a quarterly profit from a year-ago loss but forecast fourth-quarter sales below expectations, citing PC market weakness.

Markham, Ontario-based ATI projected fourth-quarter revenue of $620 million to $660 million, with gross margin at 31 percent to 31.5 percent.

Jun 30, 2006, 05:02 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 87	ATI Turns In Profit, But Warns Of Slower Sales Source: Yahoo! News __________ OTTAWA, June 29 (Reuters) - Graphics chip designer ATI Technologies Inc. said on Thursday it swung to a quarterly profit from a year-ago loss but forecast fourth-quarter sales below expectations, citing PC market weakness. Markham, Ontario-based ATI projected fourth-quarter revenue of $620 million to $660 million, with gross margin at 31 percent to 31.5 percent.