Each Segment Down Q/Q as Atmel Corp (ATML) Guided; Canaccord Genuity Cuts Price Target to $8.85

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Go back to Each Segment Down Q/Q as Atmel Corp (ATML) Guided; Canaccord Genuity Cuts Price Target to $8.85

Atmel Corp (ATML) Reports In-Line Q3 EPS, Q4 Revenue Guidance Comes in Light

October 28, 2015 4:13 PM EDT

Atmel Corp (NASDAQ: ATML) reported Q3 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $286.5 million versus the consensus estimate of $292.95 million.

Atmel Corp sees Q4 2015 revenue of $266-286 million, versus the consensus of $297.7 million.

Non-GAAP gross margin... More