ARRIS Announces Preliminary And Unaudited Second Quarter 2015 Results
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Needham & Company Cuts Price Target on ARRIS Group (ARRS) to $36 Following 2Q Results
July 30, 2015 6:59 AM EDTNeedham & Company maintained a Buy rating on ARRIS Group (NASDAQ: ARRS), and cut the price target to $36.00 (from $38.00), following 2Q15 results. Revenue and NG EPS of $1.260B and $0.53 were in line with the company's pre-announced ranges of $1.25-1.26B and NG EPS of $0.51-0.55. Management offered 3Q15 guidance of... More
ARRIS Group (ARRS) Reports In-Line Q2 EPS, Q3 Guidance Misses
July 29, 2015 4:24 PM EDTARRIS Group (NASDAQ: ARRS) reported Q2 EPS of $0.53, in-line with the analyst estimate of $0.53. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.26 billion.
ARRIS Group sees Q3 2015 EPS of $0.52-$0.58, versus the consensus of $0.64. ARRIS Group sees Q3 2015... More
