GigPeak Reports Record Financial Performance in the Second Quarter of Fiscal 2016
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Needham & Company Reiterates Buy on GigOptix (GIG) Following 2Q Report
July 26, 2016 8:21 AM EDTNeedham & Company maintained a Buy rating and $3.50 price target on GigOptix (NYSE: GIG) following the company's 2Q earnings report. GigPeak reported revenue of $15.4MM and NG EPS of $0.05, slightly ahead of $15.2MM and $0.04 estimates. Management guided 3Q16 revenue to $15.4MM-$15.6MM, in line with $15.6MM... More
