Pericom Semiconductor Corp (PSEM) Tops Q1 EPS by 5c, Posts Q2 Guidance

November 1, 2011 5:08 PM EDT
Pericom Semiconductor Corp (NASDAQ: PSEM) reported Q1 non-GAAP EPS of $0.07, $0.05 better than the analyst estimate of $0.02. Revenue for the quarter came in at $35.3 million versus the consensus estimate of $35.52 million.

Pericom Semiconductor Corp sees Q2 2012 revenue of $30-$34 million, versus the consensus of $37.6 million. Non-GAAP gross margins are expected to be in the 35.0% to 37.0% range.


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