Integrated Circuit Raises Revenue Guidance
Strong demand for personal computer and gaming parts led
Integrated Circuit
(ICST)
to raise its fiscal second-quarter revenue forecast.
The Valley Forge, Pa., company sees revenue sequentially rising between 5% and 10% in the quarter, which ends Dec. 29. It had previously seen revenue rising only 5%.
The company's shares rose as high as $20.26 in the late session Thursday night after closing regular trading at $18.95.