Seeking Alpha

Crushed after delivering its FQ4 report, InvenSense (INVN +27%) skyrockets after posting FQ1...

Crushed after delivering its FQ4 report, InvenSense (INVN +27%) skyrockets after posting FQ1 results. Revenue of $39.2M (+10% Y/Y) was in-line with guidance of $38M-$40M, while EPS of $0.09 beat by a penny. During its earnings call, the maker of handheld device motion sensors guided for Q3 revenue of $53M-$57M - in-line with a $54.3M consensus, but better than many feared in light of worries about mobile component order cuts, as well as the impact of Qualcomm's supply shortages.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|