LSI (LSI) +4% premarket after raising its current quarter guidance thanks to increased demand...

|About: LSI Corp. (LSI-OLD)|By:, SA News Editor

LSI (LSI) +4% premarket after raising its current quarter guidance thanks to increased demand for hard disk drives and flash-based products. The chipmaker now expects adjusted EPS between $0.12-$0.16 on revenue of $585M-$615M, vs. prior guidance of $0.09-$0.15 on revenue of $550M-$590M.