InvenSense Announces Second Quarter Of Fiscal Year 2016 Results

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InvenSense (INVN) Reports Slight 2Q EPS Beat; Canaccord Genuity Reiterates Buy

October 29, 2015 10:24 AM EDT

Canaccord Genuity maintained a Buy rating on InvenSense (NYSE: INVN), and cut the price target to $14.00 (from $15.00), following the company's 2Q16 earnings results. InvenSense reported solid growth with sales of $112.5M, up 25% Y/Y. Non-GAAP EPS was $0.16, slightly consensus estimates.

Analyst Matthew Ramsay commented, "Overall, we... More

InvenSense (INVN) Tops Q2 EPS by 1c

October 28, 2015 5:02 PM EDT

InvenSense (NYSE: INVN) reported Q2 EPS of $0.16, $0.01 better than the analyst estimate of $0.15. Revenue for the quarter came in at $112.5 million versus the consensus estimate of $111.12 million.

For earnings history and earnings-related data on InvenSense (INVN) click here.

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