Bell Micro beats the Street

Strong fourth quarter

Bell Microproducts beat expectations with a strong fourth quarter.

The company made revenues in the range of $1bn to $1.015bn - better than the expected $920m to $970m.

Full year revenues are expected to be over $3.4bn - up eight per cent on 2005.

But Bell is still investigating share options and accounting practises up until Q4 of 2005. In a statement the firm said: "The Company is unable at this time to provide additional quantitative information regarding its quarterly results or any further comparison of such results to Q4 2005 until the previously announced restatement of its financial statements for certain prior periods and the review of its historical stock option grants has been completed."

Read the whole release here. ®