STEC, Inc. (STEC) Tops Q2 View; Guides Q3 Revs Above the Street
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STEC, Inc. (Nasdaq: STEC) reports Q2 EPS of $0.09, 1 cent better than the analyst estimate of $0.08. Revenues for the quarter were $56.2 million, versus the consensus of $53.15 million.
Sees Q3 revs in the range of $61-$63 million, versus the consensus of $59.43 million. Non-GAAP EPS are are expected to be $0.10-$0.11, versus the consensus of $0.10.
STEC, Inc. designs, develops, manufactures, and markets custom memory solutions based on flash memory and dynamic random access memory (DRAM) technologies in the United States and internationally.
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