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Atmel (ATML), whose exposure to the high-end Android tablet market has been seen as a liability,...
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Thursday, February 2, 2012, 6:22 PM ETAtmel (ATML), whose exposure to the high-end Android tablet market has been seen as a liability, warns it expects Q4 revenue of $384M, down 20% Q/Q and well below a $412.1M consensus. Atmel says Q4 sales were hurt by the pushout of an $11M payment from an Asian distributor, though that can't fully account for revenue falling $28M below Street forecasts. Shares are halted.
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