Seeking Alpha

A day after rival Vitesse (VTSS) cut its guidance, Mindspeed (MSPD -2%) does the same, though...

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

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
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