Asia
Innodisk Clarifies Media Report Forecasting Q2 EPS, Gross Margin
Innodisk (TWO:5289) clarified a media report in the Economic Daily News speculating that it would post a gross margin of over 60%, and that earnings per share would exceed NT$100 in the second quarter, according to a Thursday Taiwan Exchange filing.The company said it has not prepared any financial forecasts and that the reported profitability figures were based on institutional investors' own speculation.It advised investors to refer to disclosures on the Market Observation Post System for official company information.
TWO:5289
