Cavium (CAVM) Sees 'Soft' Q4 Outlook
Get Alerts CAVM Hot Sheet
Price: $86.23 --0%
Financial Fact:
Research and development: 67.75M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Research and development: 67.75M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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On its Q3 conference call, a Cavium Networks (Nasdaq: CAVM) exec said the company expects a "soft" Q4 outlook. The exec specifically mentioned expected weakness in the Wireless unit.
Sees Q4 adj-EPS of 19-20 cents with sales up 8-10 percent from Q3. The Street is currently looking for Q4 EPS of 26 cents.
Sees Q4 adj-EPS of 19-20 cents with sales up 8-10 percent from Q3. The Street is currently looking for Q4 EPS of 26 cents.
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