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by Angsuman Chakraborty.
Original Post: Standard Microsystems posts 4th-quarter profit, reversing loss
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Standard Micro posts 4Q profit above Street views
HAUPPAUGE, N.Y. â Chip maker Standard Microsystems Corp. posted a fiscal fourth-quarter profit above Wall Street's expectations Wednesday, reversing a year-ago loss that was weighed by goodwill impairment expenses and lower revenue.
It also posted fiscal first-quarter earnings and revenue guidance above analysts' forecasts and its stock was up ... Original source on Gaea Times at : Standard Microsystems posts 4th-quarter profit, reversing loss.
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