Third Quarter 2012 GuidanceCommenting on the outlook for the third quarter of 2012, William Weissman, Rubicon’s Chief Financial Officer, said, “We expect revenue in the third quarter of between $18 and $21 million. Pricing for two-through-four inch cores will likely remain low for another quarter or two as sapphire inventory levels continue to get worked down at a slower pace than originally expected. Gross margin should continue to improve in the third quarter but will not likely cover all of our operating expenses. We expect a loss per share between $(0.02) and $(0.05) in the third quarter.”
Rubicon Technology, Inc. Reports Second Quarter 2012 Results Of Operations
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