Applied Micro Circuits (AMCC) -5.9% AH after issuing downward guidance for Q4, seeing revenues...


Applied Micro Circuits (AMCC) -5.9% AH after issuing downward guidance for Q4, seeing revenues 6% below its previous forecast of $52M and a non-GAAP EPS loss of $0.10-$0.12 vs. a consensus loss of $0.08. The shortfall "is related to slowness in the service provider space and the overall wire line market weakness,” AMCC says.

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