PMC - Sierra (PMCS) Tops Q1 EPS by 1c

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Go back to PMC - Sierra (PMCS) Tops Q1 EPS by 1c

PMC-Sierra (PMCS) PT, Estimates Trimmed at Northland Capital Markets

April 28, 2015 10:31 AM EDT

Northland Capital Markets analyst Gus Richard trimmed his price target on PMC-Sierra (NASDAQ: PMCS) to $12.00 (from $12.50) following in-line Q1 results but maintained an Outperform rating.

Richard commented, "PMCS reported in-line with our estimates and a penny better than consensus. EPS was $0.10 on... More