A day after rival Vitesse (VTSS) cut its guidance, Mindspeed (MSPD -2%) does the same, though its cut is more modest. Mindspeed expects FQ4 revenue of $40.5M, below prior guidance of $42.2M-$43.9M, and attributes the shortfall to weakening demand in the communications infrastructure market. Will competitors AMCC and PMCS warn next?
Check out Seeking Alpha’s new Earnings Center »
From other sites
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