Cogo Group (COGO) Reports Q2 Earnings, Issues Mixed Guidance for Q3 and FY

August 6, 2008 4:10 PM EDT

Cogo Group (Nasdaq: COGO) reports Q2 EPS of $0.21, in-line with the analyst estimate of $0.21. Revenues for the quarter were $68.2 million, versus the consensus of $67.79 million.

Company provides Q3 guidance of $70-74 million in revenue and $0.14 Non-GAAP EPS Diluted and expects full year of $280-290 million in revenue and estimates Non-GAAP EPS Diluted of $0.72. (Q3 revenue consensus is $73.69 million and EPS consensus is $0.17) (FY EPS consensus is $0.77 and revenue consensus is $286.80 million)


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