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More on OmniVision's FQ4: Gross margin fell 170 bps Q/Q and 820 bps Y/Y to 22.5%, and...

  • Thursday, May 31, 2012, 4:37 PM ET
    More on OmniVision's FQ4: Gross margin fell 170 bps Q/Q and 820 bps Y/Y to 22.5%, and contributed to the EPS miss. The company blames one-time inventory issues. However, it's also guiding for FQ1 revenue of $235M-$255M and EPS of $0.16-$0.27; the former is above a $219.2M consensus, but the latter is below a Street estimate of $0.29. Did Apple obtain favorable pricing for its iPad and (assuming rumors are true) iPhone image sensor orders? OVTI -3.9% AH. (PR) (earlier)
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