NetLogic (NETL), due to be acquired by Broadcom (BRCM), warns it expects Q4 revenue of $96.2M,...

|About: NetLogic Microsystems, Inc. (NETL)|By:, SA News Editor

NetLogic (NETL), due to be acquired by Broadcom (BRCM), warns it expects Q4 revenue of $96.2M, well below a consensus of $110.6M, and that it will restate its 2011 results to account for the accrual of severance benefits granted to an exec who left the company. Broadcom shares are down slightly AH on the news.