Needham & Company Lowers Estimates on STEC (STEC) Posts Results; Keeps 'Hold' Rating

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Go back to Needham & Company Lowers Estimates on STEC (STEC) Posts Results; Keeps 'Hold' Rating

STEC, Inc. (STEC) Misses Q4 EPS by 3c; Guides Below the Street

March 14, 2013 4:07 PM EDT

STEC, Inc. (NASDAQ: STEC) reported Q4 EPS of ($0.35), $0.03 worse than the analyst estimate of ($0.32). Revenue for the quarter came in at $35.1 million versus the consensus estimate of $37.74 million.

STEC, Inc. sees Q1 2013 EPS of ($0.40)-(0.42), versus the consensus of ($0.32). STEC, Inc. sees Q1... More