Cavium Announces Financial Results for Q2 2015
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Needham & Company Cuts Price Target on Cavium (CAVM) to $83 Following 2Q15
July 30, 2015 9:04 AM EDTNeedham & Company maintained a Buy rating on Cavium Networks (NASDAQ: CAVM), and cut the price target to $83.00 (from $85.00), following 2Q15. Revenue for 2Q15 was $105.0MM, in-line with consensus. Management announced its first customer deployment of ThunderX at OVH, the third largest hosting company. Initial... More
Cavium (CAVM) Reports In-Line Q2 EPS
July 29, 2015 4:33 PM EDTCavium (NASDAQ: CAVM) reported Q2 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $105 million versus the consensus estimate of $104.9 million.
For earnings history and earnings-related data on Cavium (CAVM) click here.
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