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Standard Microsystems Corp (SMSC) Misses Q2 EPS by 1c, Posts Weak Q3 Sales Guidance

September 27, 2011 4:02 PM EDT
SMSC Hot Sheet
EPS Growth %: -80.8%

Financial Fact:
Interest expense: -39K

Today's EPS Names:
TARO, BRLI, TLB, More
Standard Microsystems Corp (NASDAQ: SMSC) reported Q2 adjusted EPS of $0.36, $0.01 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $112.6 million versus the consensus estimate of $112.63 million.

Standard Microsystems Corp sees Q3 2011 revenue of $105-$110 million, versus the consensus of $117 million. Sees Q3 adj-EPS of 30-37 cents, which compares to the Street estimate of 44 cents.


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