GigPeak (Formerly GigOptix) Reports Record Revenue and Free Cash Flow in the First Quarter of Fiscal 2016

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Go back to GigPeak (Formerly GigOptix) Reports Record Revenue and Free Cash Flow in the First Quarter of Fiscal 2016

Sterne Agee CRT Reiterates Buy on GigOptix (GIG); Cuts Revenue Outlook

April 19, 2016 8:01 AM EDT

Sterne Agee CRT maintained a Buy rating and $4.35 price target on GigOptix (NYSE: GIG) after lowering June Quarter revenue outlook. The change is mainly due to the timing of Magnum contribution. GIG posted a solid March Quarter beat and guided the outlook below expectation, which is... More

GigOptix (GIG) Tops Q1 EPS by 1c

April 18, 2016 4:12 PM EDT

GigOptix (NYSE: GIG) reported Q1 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $11.4 million versus the consensus estimate of $11.12 million.

As we enter Q2 FY16, the initial revenue outlook, which will include only about 10 weeks of... More