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Freescale Semiconductor (FSL -6%) tanks following its Q3 report. While revenue of $1.14B (-7%...
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Friday, October 21, 2011, 10:30 AM ETFreescale Semiconductor (FSL -6%) tanks following its Q3 report. While revenue of $1.14B (-7% Y/Y) and EPS of $0.29 beat by $12M and $0.06, the company guided on its call for Q4 revenue of $1B-$1.06B, below a $1.11B consensus. Like fellow chipmaker LLTC, Freescale cites weak industrial and telecom demand as reasons for its soft guidance.
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