PMC-Sierra, Inc. (PMCS) Reports In-Line Q2 EPS

PMC-Sierra, Inc. (NASDAQ: PMCS) reported Q2 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $127.9 million versus the consensus estimate of $130.39 million.

“Our second quarter results were in line with our outlook despite the muted environment,” said Greg Lang, PMC president and chief executive officer. “The recent acquisition of IDT’s PCI Express (PCIe) flash controller business further expands our growth opportunities and positions us as a leader in the rapidly growing enterprise solid-state drive (SSD) market segment.”

For earnings history and earnings-related data on PMC-Sierra, Inc. (PMCS) click here.

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