Stifel Downgrades Cavium Networks (CAVM) to Hold

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Go back to Stifel Downgrades Cavium Networks (CAVM) to Hold

Cavium's (CAVM) Transitory Revenue Issues Show in 4Q Guidance; Needham & Company Cut Price Target to $80

October 29, 2015 9:40 AM EDT

Needham & 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

Cavium (CAVM) Reports In-Line Q3 EPS

October 28, 2015 5:27 PM EDT

Cavium (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.

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