Adept Technology (ADEP) Misses Q4 EPS by 3c

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Go back to Adept Technology (ADEP) Misses Q4 EPS by 3c

Canaccord Genuity Remains Bullish on Adept Technology (ADEP) Following 4Q Results

September 1, 2015 9:14 AM EDT

Canaccord Genuity reiterated a Buy rating and $10.00 price target on Adept Technology (NASDAQ: ADEP) following the company's 4Q15 earnings results. ADEP reported revenues of $13.9M and ($0.10) in EPS compared with consensus expectations of $14.4M and ($0.07) respectively.

Analyst Bobby Burleson commented, "We see ADEPs growth story developing positively... More