Freescale Semiconductor (FSL -6%) tanks following its Q3 report. While revenue of $1.14B (-7%...

|About: Freescale Semiconductor Inc. (FSL)|By:, SA News Editor

Freescale Semiconductor (FSL -6%) tanks following its Q3 report. While revenue of $1.14B (-7% Y/Y) and EPS of $0.29 beat by $12M and $0.06, the company guided on its call for Q4 revenue of $1B-$1.06B, below a $1.11B consensus. Like fellow chipmaker LLTC, Freescale cites weak industrial and telecom demand as reasons for its soft guidance.