CFO Wendell Huang said: "Moving into first quarter 2023, as overall macroeconomic conditions remain weak, we expect our business to be further impacted by continued end market demand softness, and customers’ further inventory adjustment." Gross profit margin is expected to be between 53.5% and 55.5%. Operating profit margin is expected to be between 41.5% and 43.5%.
Published first on TheFly
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