Seeking Alpha

Network processor vendor EZchip Semiconductor (EZCH) drops 9.5% after posting Q3 results. While...

Network processor vendor EZchip Semiconductor (EZCH) drops 9.5% after posting Q3 results. While revenue of $18.7M (+14% Y/Y) and EPS of $0.35 beat by $0.2M and $0.03, the company forecasts Q4 revenue will decline 25%-30% Q/Q. While EZchip blames the weak guidance on customer inventory corrections, its severity will lead to questions about the impact of competition.
From other sites
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