Network processor vendor EZchip (EZCH) pops 7% after reporting Q2 revenue of $17.3M (+16% Y/Y)...

|By:, SA News Editor

Network processor vendor EZchip (EZCH) pops 7% after reporting Q2 revenue of $17.3M (+16% Y/Y) and non-GAAP EPS of $0.33, above a consensus of $16.9M and $0.28. The company expects its NP-4 processor, set to be used in Cisco's (CSCO) ASR 9000 routers, to begin production in Q4. EZchip shares fell last week on Juniper's (JNPR) poor results. (PR)