Atmel Reports Second Quarter 2015 Financial Results

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Go back to Atmel Reports Second Quarter 2015 Financial Results

Dougherty Downgrades Atmel (ATML) to Neutral as Results Disappoint

July 29, 2015 9:30 AM EDT

Dougherty & Co downgraded Atmel (NASDAQ: ATML) from Buy to Neutral and removed its price target (prior $8.50). The change follows disappointing Q2 results.

Analyst Charles Anderson said, "The main culprit this time is Mobility (touchscreen, sensor hub, Mobile TV) -- which we... More

Needham & Company Cuts Price Target to $10 on Atmel Corp (ATML) Following 2Q15

July 29, 2015 6:59 AM EDT

Needham & Company maintained a Buy rating on Atmel (NASDAQ: ATML), and cut the price target to $10.00 (from $11.00), following 2Q15. Revenue of $306.3MM came in below $318.98MM consensus. Management guided revenue of $293MM lower than the Street's $335MM estimate.

Analyst Rajvindra Gill commented, "Atmel... More

Atmel Corp (ATML) Misses Q2 EPS by 2c; Issues Light Q3 Revenue Outlook

July 28, 2015 4:11 PM EDT

Atmel Corp (NASDAQ: ATML) reported Q2 EPS of $0.08, $0.02 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $306.4 million versus the consensus estimate of $318.98 million.

Atmel Corp sees Q3 2015 revenue of $283 - $303 million, versus the consensus of $336.8 million.

For... More