Oppenheimer Downgrades Peregrine Semiconductor (PSMI) to Perform
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Rubicon Technology (RBCN) Slammed on Weak Customer Read-Through, New Sell Rating
February 7, 2013 3:21 PM ESTShares of Rubicon Technology (NASDAQ: RBCN) are under heavy pressure Thursday following disappointing quarterly results from major customer Peregrine (Nasdaq: PSMI). In addition, Piper Jaffray launch coverage Rubicon today an Underweight rating and $4 price target. Piper sees major headwinds in the... More
Peregrine Semic (PSMI) Misses Q4 EPS by 9c; Guies Well Below the Street
February 6, 2013 4:57 PM ESTPeregrine Semic (NASDAQ: PSMI) reported Q4 EPS of $0.19, $0.09 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $63 million versus the consensus estimate of $62.26 million.
Peregrine Semic sees Q1 2013 revenue of $43-46 million, versus the consensus of $58.1 million.
For... More
