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OMNIVISION TECHNOLOGIES INC. Sunnyvale, California; Chipmaker Gets The Digital Camera Picture.(THE NEW AMERICA)
Byline: KIRK SHINKLE
With digital cameras sending their film-based counterparts the way of the dinosaur, it looks as though consumer tastes have caught up with one company's technology.
That company, OmniVision Technologies Inc., makes chips used in the new generation of pixilated point-and-click cameras.
High demand for those cameras has translated into high demand for OmniVision's chips.
The firm's earnings for fiscal 2003, which ended in April, grew almost sixfold to 61 cents a share. Revenue was up 134% to $109 million.
On Wednesday the firm reported earnings of 23 cents a share for this year's fiscal first quarter, up from 7 cents a year earlier and a penny ahead of consensus Wall Street views. Sales gained 177% to $46.5 million.
Analysts polled by First Call expect full-year …
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