MEMSIC (MEMS) Reports Q2 Loss of $0.08, Beats by 4c; Guides Q3
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MEMSIC, Inc. (Nasdaq: MEMS) reports Q2 loss of $0.08, 4 cents better than the analyst estimate of ($0.12). Revenue for the quarter was $9.1 million, which compares to the estimate of $8.6 million.
Sees Q3 loss of 7-10c, vs. cons. of 9c loss, on sales of $9.5-$10 million, vs. cons. of $10 million.
Sees Q3 loss of 7-10c, vs. cons. of 9c loss, on sales of $9.5-$10 million, vs. cons. of $10 million.
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