MEMSIC, Inc. (MEMS) Posts Q3 Loss of 2c/Share; Guides Q4

November 8, 2011 7:12 AM EST
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MEMSIC, Inc. (NASDAQ: MEMS) reported Q3 EPS of ($0.02), $0.03 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $18.4 million versus the consensus estimate of $15.6 million.

MEMSIC, Inc. sees Q4 2011 EPS of $-0.02-$-0.04, versus the consensus of $-0.04. MEMSIC, Inc. sees Q4 2011 revenue of $17-$19 million, versus the consensus of $16 million.

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