Adesto Technologies Corporation (IOTS) Tops Q1 EPS by 3c

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Go back to Adesto Technologies Corporation (IOTS) Tops Q1 EPS by 3c

Adesto Technologies (IOTS) PT Raised to $7 at Needham & Company Following 1Q

May 11, 2017 10:23 AM EDT

Needham & Company raised its price target on Adesto Technologies (NASDAQ: IOTS) to $7.00 (from $6.50) while maintaining a Strong Buy rating. Adesto posted $11.3 million in revenue for the 1Q, in line with the consensus estimate of $11.2M. Non-GAAP EPS came in at (-$0.10).

Adesto guided to... More