Tech earnings guidance: Broadcom, NetSuite, CSC, Microchip


Broadcom (BRCM) expects Q1 revenue of $1.9B-$2B vs. a $1.97B consensus. Gross margin is expected to drop 50-100 bps Q/Q. Shares +2.2% AH; expectations were depressed following Apple and Samsung's earnings/guidance. (Q4 results, PR)

NetSuite (N) expects Q1 revenue of $119M-$121M and EPS of $0.01-$0.02 vs. a consensus of $119.7M and $0.06. The company expects 2014 revenue of $535M-$540M and EPS of $0.24-$0.26 vs. a consensus of $532.9M and $0.28. Shares +2.5% AH. (Q4 results, PR)

Computer Sciences (CSC) now expects FY14 (ends in March) EPS from continuing ops of $3.80-$3.90, above prior guidance of $3.50-$3.70 and a $3.68 consensus. Shares +1.5% AH. (FQ3 results, PR)

Microchip (MCHP) expects FQ4 revenue of $482.4M-$496.8M and EPS of $0.59-$0.63 vs. a consensus of $488.4M and $0.62. Shares -4.1% AH. (FQ3 results, PR)

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