PMC-Sierra, Inc. (PMCS) Misses Q1 EPS by 1c
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PMC-Sierra, Inc. (NASDAQ: PMCS) reported Q1 EPS of $0.07, $0.01 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $125.2 million versus the consensus estimate of $127.75 million.
"Our first quarter results were in line with our outlook and within the expected range," said Greg Lang, PMC President and Chief Executive Officer. "We are encouraged by stronger bookings in the quarter and expect to grow revenues in the second quarter of 2013. Our book-to-bill ratio within the period was greater than one for the second consecutive quarter."
For earnings history and earnings-related data on PMC-Sierra, Inc. (PMCS) click here.
"Our first quarter results were in line with our outlook and within the expected range," said Greg Lang, PMC President and Chief Executive Officer. "We are encouraged by stronger bookings in the quarter and expect to grow revenues in the second quarter of 2013. Our book-to-bill ratio within the period was greater than one for the second consecutive quarter."
For earnings history and earnings-related data on PMC-Sierra, Inc. (PMCS) click here.
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