Most companies would probably be happy with a record-breaking 10% quarterly growth in sales and income.
But for fast-growing AST Research Inc. that's coming up short.
The Irvine maker of computer add-ons said Friday that it expects its net income and net sales for its third quarter, ending March 31, to hit record levels with increases limited, however, to about 10% over the comparable period last year. In last year's third quarter, income was $5.8 million and revenues were $37.8 million.
The company decided to reveal its prediction because "we've always been up front with our shareholders," said Bob Maples, AST's public relations manager.
"We had a bad January and thought we ought to let our people know that we're only going to grow 10%," he said. "We don't want our shareholders to get their expectations up."