Zoran (ZRAN) Misses Q2 EPS by 1c; Guides Below the Street

July 26, 2010 4:10 PM EDT
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Price: $8.17 --0%

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Total costs and expenses: 108.38M

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Zoran (Nasdaq: ZRAN) reports Q2 loss of $0.08, 1 cents below the analyst estimate of ($0.07). Revenue for the quarter was $93.4 million, which compares to the estimate of $92.21 million.

Sees Q3 sales of $98-$103 million, versus the consensus of $110 million. Sees Q3 loss of $.03-$0.06, versus the consensus of a gain of $0.09. Stock halted.

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