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Hot Stocks to Watch - PLXT (PLX Technology) - ISCO (International Stem Cell Corp)
PLX Technology, Inc. Issues Q1 2010 Revenue Guidance Above Analysts' Estimates
PLX Technology, Inc. announced that for the first quarter of 2010, it expects net revenues to be between $27.0 million and $29.0 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $23.5 million for the same period.
Fourth Quarter Results
Record Revenue $26.6 Million
Record PCI Express Unit, Dollar Shipments
Return to Profitability – Net Income $2.6 Million
About PLX
PLX Technology, Inc. (Nasdaq: PLXT), based in Sunnyvale, Calif., USA, is an industry-leading global provider of semiconductor based connectivity solutions primarily targeting the enterprise and consumer markets. The Company provides manufacturers worldwide with innovative software-enriched silicon through feature differentiation, high-quality interoperability and superior performance. www.plxtech.com.
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