Triquint Semiconductor, Inc. (TQNT) Tops Q3 EPS by 1c, Posts Weak Q4 Guidance
Get Alerts TQNT Hot Sheet
Price: $27.55 --0%
Financial Fact:
Income from operations: 35.88M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Financial Fact:
Income from operations: 35.88M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
Triquint Semiconductor, Inc. (NASDAQ: TQNT) reported Q3 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $216 million versus the consensus estimate of $214.15 million.
Triquint Semiconductor, Inc. sees Q4 2011 EPS of $0.06-$0.08, versus the consensus of $0.14. Triquint Semiconductor, Inc. sees Q4 2011 revenue of $215-$225 million, versus the consensus of $230.66 million. During the fourth quarter, the company expects lower factory utilization as it burns through excess inventory and weak product mix to drive gross margin of 32% to 34%.
Triquint Semiconductor, Inc. sees Q4 2011 EPS of $0.06-$0.08, versus the consensus of $0.14. Triquint Semiconductor, Inc. sees Q4 2011 revenue of $215-$225 million, versus the consensus of $230.66 million. During the fourth quarter, the company expects lower factory utilization as it burns through excess inventory and weak product mix to drive gross margin of 32% to 34%.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Byline Bancorp (BY) Tops Q1 EPS by 6c
- Primis Financial (FRST) Misses Q1 EPS by 8c
Create E-mail Alert Related Categories
Earnings, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!