AuthenTec (AUTH) Reports In-line Q3; Guides Slightly Below for Q4
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Price: $8.01 --0%
EPS Growth %: +175.0%
Financial Fact:
Net loss per common share, basic (in Dollars per share): -0.03
Today's EPS Names:
CO, JW-A, FDS, More
EPS Growth %: +175.0%
Financial Fact:
Net loss per common share, basic (in Dollars per share): -0.03
Today's EPS Names:
CO, JW-A, FDS, More
Trade AUTH Now!
AuthenTec (Nasdaq: AUTH) reports a Q3 loss of $0.11, in-line with the consensus of ($0.11). Revenue for the quarter came in at $10.2 million, compared to the consensus of $10.20 million.
“We expect our combined fourth quarter revenue to increase to a range of between $14.0 million and $15.2 million." (Consensus is $15.90M)
"Non-GAAP operating expenses for the fourth quarter are expected to be between $11.5 million and $12.0 million, reflecting a full quarter of costs associated with the UPEK business but partially offset by the realization of initial cost synergies. Non-GAAP net loss per diluted share is expected to range between $0.10 and $0.13." (Consensus is a loss of $0.09)
"As a result of the UPEK integration efforts, the Company expects to record a restructuring charge of approximately $3.0 million to $4.0 million during the fourth quarter. With the integration of UPEK on plan and customer and strategic initiatives well under way, we are well positioned for growth in 2011.”
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“We expect our combined fourth quarter revenue to increase to a range of between $14.0 million and $15.2 million." (Consensus is $15.90M)
"Non-GAAP operating expenses for the fourth quarter are expected to be between $11.5 million and $12.0 million, reflecting a full quarter of costs associated with the UPEK business but partially offset by the realization of initial cost synergies. Non-GAAP net loss per diluted share is expected to range between $0.10 and $0.13." (Consensus is a loss of $0.09)
"As a result of the UPEK integration efforts, the Company expects to record a restructuring charge of approximately $3.0 million to $4.0 million during the fourth quarter. With the integration of UPEK on plan and customer and strategic initiatives well under way, we are well positioned for growth in 2011.”
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