Wind River Reports Good Results, But Slips on Disappointing Guidance

Aug.31.07 | About: Wind River (WIND)

Wind River (WIND) reported revenue for its fiscal second quarter ended July 31 of $84.6 million, with pro forma EPS of 12 cents; that beat the Street at $78.87 million and 4 cents.

However, guidance proved disappointing. For the fiscal third quarter, the company sees revenue of $78 million to $80 million, and non-GAAP EPS of 3-4 cents; the Street has been at $83 million and 9 cents. For the full year, the company sees revenue of $325 million to $330 million, and pro forma EPS of 28-30 cents; the Street has been looking for $330 million and 30 cents.

In after hours trading, Wind River is off 32 cents at $10.

By the way: weren’t they supposed to have been acquired by now?