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MEMSIC, Inc. (MEMS) Reports In-Line Q1 EPS; Guides Q2

May 10, 2011 7:00 AM EDT
MEMSIC, Inc. (NASDAQ: MEMS) reported Q1 EPS of ($0.06), in-line with the analyst estimate of ($0.06). Revenue for the quarter came in at $13 million versus the consensus estimate of $12.2 million.

Sees Q2 2011 loss of $0.05 - $0.06, versus the consensus of ($0.04). Sees Q211 revenue of $13.0 - $13.5 million, compared with $13.1 million consensus.


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