Network Engines, Inc. (NEI) Tops Q3 EPS by 3c; Guides Q4
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Network Engines, Inc. (NASDAQ: NEI) reported Q3 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $66.1 million versus the consensus estimate of $64.25 million.
Sees Q4 2011 revenue of $63-$68 million, versus the consensus of $61.75 million. Also, sees net income on a non-GAAP basis in the range of $1.9 million to $2.4 million.
Sees Q4 2011 revenue of $63-$68 million, versus the consensus of $61.75 million. Also, sees net income on a non-GAAP basis in the range of $1.9 million to $2.4 million.
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