These additional charges will include, but are not limited to, impairment of goodwill and reserves or write-downs related to inventory.
PMC Sierra Inc Updates Outlook For Second Quarter 2001
COMPANY PRESS RELEASE: PMC-Sierra, Inc. 2001 will be lower than expected due to continued weakness in customer demand during the quarter.The Company is reducing its second quarter revenue guidance to $93 million to $95 million and its pro forma net loss per share to $0.07 to $0.09 per share, excluding amortization of goodwill, deferred stock compensation and additional charges.
