Cavium (CAVM) says Q1 results will miss guidance, coming in approximately 6% to 7% lower than...

|About: Cavium Networks, Inc. (CAVM)|By:, SA News Editor

Cavium (CAVM) says Q1 results will miss guidance, coming in approximately 6% to 7% lower than revenue in Q4. The company notes revenues during the Q1 increased sequentially in its enterprise and data center markets, but declined in its service provider and broadband and consumer markets due to inventory de-stocking and delays in program depoyments. Shares -3.5% AH.