Metalink Sees 40% Revenue Gain in Fourth Quarter - TheStreet

Metalink

(MTLK)

said it expects fourth-quarter revenue to be about $1.7 million, up 40% from a year ago, and said visibility has improved among some of its customers.

The Israel-based semiconductor maker said it expects its book-to-bill ratio to be "well above 1" in the quarter, citing success in some emerging technology markets, including broadband.

Metalink said its cash and cash equivalents stood at about $90 million at the end of the quarter.