Integrated Device (IDTI $5.76 +0.07) lowered revenue guidance for the
second quarter to $138 million to $141 million versus the $149.4 million Capital
IQ Consensus Estimate, down 7% to 9% sequentially and down from $147 million to
$153 million.
The company said, "The broad-based weakness in customer orders we experienced in
the latter half of the June quarter has continued through September," said Dr.
Ted Tewksbury, president and CEO of IDT. "In the face of weaker macro-economic
growth and shorter component lead times, many of our customers have focused on
controlling inventory and remain cautious about placing new orders. This has
resulted in lower than anticipated turns-fill for the September quarter."






