Arris Group (ARRS -2.3%) dips after a slight miss on revenue in its Q4 report this morning,...

|By:, SA News Editor

Arris Group (ARRS -2.3%) dips after a slight miss on revenue in its Q4 report this morning, largely due to impairment associated with its MCS segment. The company cuts its Q1 forecast, now expecting its EPS to come in around $0.13 - $0.17 on sales of $285M - $305M, below Street estimates of $0.18 on sales of $289.4M. Separately, Collins Stewart ups the shares to Buy on the back of the report.