LSI rises 20.8% after reporting Q2 revenue of $659.6M and EPS of $0.21, beating Street estimates...


LSI rises 20.8% after reporting Q2 revenue of $659.6M and EPS of $0.21, beating Street estimates by $15.8M and $0.04. Q3 guidance (revenue of $620M-$660M and EPS of $0.14-$0.20 vs. consensus of $657.4M and $0.18) is nothing special, but as with many other chipmakers, expectations have been low. LSI is also getting a lift from customer Western Digital's strong results and guidance, and from upgrades from CLSA and Credit Agricole. Rival MRVL +3.8%. (transcript)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs