Adesto Technologies Corporation (IOTS) Misses Q3 EPS by 1c

October 27, 2016 5:13 PM EDT
Get Alerts IOTS Hot Sheet
Price: $3.30 --0%

Today's EPS Names:
Trade IOTS Now!
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.

Adesto Technologies Corporation (NASDAQ: IOTS) reported Q3 EPS of ($0.19), $0.01 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $11.2 million versus the consensus estimate of $11.03 million.

For the fourth quarter of 2016, the Company expects revenue to grow to a range between $12.0 million and $12.4 million. GAAP gross margin is expected to be between 46% and 48%. GAAP operating expenses are expected to range between $8.3 million and $8.6 million and non–GAAP operating expenses between $7.2 million and $7.5 million.

For earnings history and earnings-related data on Adesto Technologies Corporation (IOTS) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Guidance

Related Entities


Add Your Comment