Q3 and 2004 Guidance
Q3 revenues between $170M and $180M
2004 revenues up 10% to 15% above 2003
Gross margins in target range of 16% to 18%
Operating expense, in terms of absolute dollars spent, will be up modestly from Q2 levels
- Sales and marketing demand generations activities
- Sarbanes-Oxley compliance
Net income to increase in Q3 and again in Q4 above Q2 reported results