ARRIS Group (ARRS) Tops Q4 EPS by 15c; Issues Light Q1 Outlook

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Go back to ARRIS Group (ARRS) Tops Q4 EPS by 15c; Issues Light Q1 Outlook

ARRIS Group (ARRS) PT Lowered to $28 at Needham & Company

February 18, 2016 6:50 AM EST

Needham & Company analyst Richard Valera cut his price target on ARRIS Group (NASDAQ: ARRS) to $28.00 (from $34.00) following solid Q4 results but light Q1 guidance. The firm maintained a Buy rating.

Valera commented, "ARRS reported 4Q15 results in line with its... More

ARRIS Group (ARRS) to Restructure Certain Operations; Costs, Charges Expected to be Material

February 17, 2016 4:40 PM EST

ARRIS Group (NASDAQ: ARRS) disclosed the following on Wednesday:

On February 17, 2016, ARRIS also announced that, as part of the integration activities related to the recently completed acquisition of Pace plc, the Company will be restructuring certain operations. ARRIS expects the majority... More