ARRIS Announces Preliminary and Unaudited Second Quarter 2016 Results

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Needham & Company Raises Price Target on ARRIS Group (ARRS) Following 2Q Beat

July 28, 2016 7:25 AM EDT

Needham & Company reiterated a Buy rating on ARRIS Group (NASDAQ: ARRS), and raised the price target to $32.00 (from $30.00), following the company's 2Q earnings report. Revenue of $1.73B exceeded consensus of $1.70B while NG EPS of $0.84, handily beat consensus of $0.66. 3Q16 guidance included... More

ARRIS Group (ARRS) Tops Q2 EPS by 19c

July 27, 2016 4:18 PM EDT

ARRIS Group (NASDAQ: ARRS) reported Q2 EPS of $0.84, $0.19 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.73 billion versus the consensus estimate of $1.7 billion.

GUIDANCE:

ARRIS Group sees Q3 2016 EPS of $0.72-$0.77, versus the consensus of... More