Mindspeed (MSPD) -20.3% after warning it expects FQ2 (March quarter) revenue of $35.1M-$35.5M,...

|About: Mindspeed Technologies, Inc. (MSPD)|By:, SA News Editor

Mindspeed (MSPD) -20.3% after warning it expects FQ2 (March quarter) revenue of $35.1M-$35.5M, below a consensus of $38.3M and prior guidance of $37.6M-$39.2M. Moreover, based on "early indications," Mindspeed expects FQ3 revenue to be flat Q/Q; the consensus is for sales to grow to $40.3M. The chipmaker blames weaker-than-expected 3G small cell base station cells for the FQ2 shortfall, while adding 4G small cell sales are believed to have roughly doubled Q/Q.