Monday, May 15, 2017

Pixart Sales Rise

Digitimes reports that Pixart net profit rises 22.4% QoQ and 230% YoY in Q1 2017. The company expects its revenues to grow 10-15% sequentially in Q2 on increased sales for gaming notebooks and laser mice. The company's gross margin is expected to range from 53-54% in Q2 compared to 52.8% in Q1. Pixart product mix slowly shifts away from the optical mouse business:

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