More on the STEC miss: Shares -34% as the company lowers guidance for Q3, expecting revenue of...

|By:, SA News Editor

More on the STEC miss: Shares -34% as the company lowers guidance for Q3, expecting revenue of $70-72M and EPS of $0.08-0.10 vs. expectations of $96M and $0.31. CEO Moshayedi talks about an increasingly difficult competitive situation.