Dougherty Downgrades Atmel (ATML) to Neutral as Results Disappoint

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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.

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