Crossroads Systems (CRDS) Reports Q4 Loss of $0.48

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Roth Capital Cuts Price Target on Crossroads Systems (CRDS) Following Mixed 4Q Results

December 15, 2015 8:05 AM EST

Roth Capital maintained a Buy rating on Crossroads Systems (NASDAQ: CRDS), and cut the price target to $2.00 (from $3.00), following the company's 4Q earnings report. CRDS reported revenues of $1.8 million and a GAAP EPS of $0.00 versus Roth's estimates of $2.5 million and $(0.14).

Analyst Krishna Shankar... More