EZchip Semi (EZCH) Tops Q2 EPS by 3c; Sees Lower H212 Sales than Originally Expected

August 8, 2012 9:21 AM EDT
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EZchip Semi (NASDAQ: EZCH) reported Q2 EPS of $0.29, $0.03 better than the analyst estimate of $0.26. Revenue for the quarter came in at $15.8 million versus the consensus estimate of $15.51 million.

Revenues in the second half of 2012 are expected to be lower than initially anticipated with a significant sequential decline in the third quarter and with 2012 revenues likely to decline year-over-year. EZchip said this was due to customers taking a longer time to go into production on new NP-4 technology, as well as macro concerns.

For earnings history and earnings-related data on EZchip Semi (EZCH) click here.

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