GigPeak Announces Record Fourth Quarter and Fiscal Year 2016 Preliminary Financial Results
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Cowen Raises Price Target on GigOptix (GIG) to $4 Following 4Q Pre-announcement
January 17, 2017 11:40 AM ESTCowen reiterated an Outperform rating on GigOptix (NYSE: GIG), and raised the price target to $4.00 (from $3.50), following the company's 4Q pre-announcement. GIG is expecting to report revenues of ~$16.2MM, above the Street's $16.1MM estimate and a non-GAAP EPS of 5 cents.
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GigOptix (GIG) Reports In-Line Q4 EPS
January 17, 2017 9:08 AM ESTGigOptix (NYSE: GIG) reported Q4 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $16.2 million versus the consensus estimate of $16.1 million.
For earnings history and earnings-related data on GigOptix (GIG) click here.
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