Cavium Announces Financial Results for Q3 2015
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Cavium's (CAVM) Transitory Revenue Issues Show in 4Q Guidance; Needham & Company Cut Price Target to $80
October 29, 2015 9:40 AM EDTNeedham & Company maintained a Buy rating on Cavium Networks (NASDAQ: CAVM), and cut the price target to $80.00 (from $83.00), following the company's 3Q earnings results. Cavium reported 3Q15 revenue and NG EPS of $105.1MM/ $0.38, in-line with consensus estimates and the mid-point of guidance.... More
Stifel Downgrades Cavium Networks (CAVM) to Hold
October 29, 2015 7:54 AM EDTStifel downgraded Cavium Networks (NASDAQ: CAVM) from Buy to Hold and removed its price target (proir $70.00).
For an analyst ratings summary and ratings history on Cavium Networks click here. For more ratings news on Cavium Networks click here.
Shares of Cavium Networks closed at $71.98 yesterday.
... MoreCavium (CAVM) Reports In-Line Q3 EPS
October 28, 2015 5:27 PM EDTCavium (NASDAQ: CAVM) reported Q3 EPS of $0.38, in-line with the analyst estimate of $0.38. Revenue for the quarter came in at $105.1 million versus the consensus estimate of $105.06 million.
For earnings history and earnings-related data on Cavium (CAVM) click here.
... More