Seeking Alpha

EZchip (EZCH -15.8%) dives following its Q2 report. Though results beat estimates, the network...

EZchip (EZCH -15.8%) dives following its Q2 report. Though results beat estimates, the network processor vendor is guiding for a major Q/Q revenue drop for Q3 (consensus is for a 12% increase), and for 2012 revenue to "likely decline year-over-year" (consensus is for an 8.1% gain). EZchip blames delays in the commercialization of hardware featuring its NP-4 processors, due to software development and telecom capex issues. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)