Form 8-K HUTCHINSON TECHNOLOGY For: Jul 31

Go back to Form 8-K HUTCHINSON TECHNOLOGY For: Jul 31

Noble Cuts PT on Hutchinson Tech (HTCH) to $3.93 Following Q2 Results; Shares Still Undervalued

August 1, 2014 2:45 PM EDT

Noble Financial is lowering its target price on Hutchinson Technology (Nasdaq: HTCH) from $4.25 down to $3.93 and maintains a Buy rating following Q2 results.

Analyst Mark Miller noted the following key takeaways from the quarter:Reported net non-GAAP loss of ($0.32) per diluted share was two cents upside to investor... More

Hutchinson Technology, Inc. (HTCH) Posts Q3 Loss of 32c/Share

August 1, 2014 7:43 AM EDT

Hutchinson Technology, Inc. (NASDAQ: HTCH) reported Q3 EPS of ($0.32), $0.02 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $59.8 million versus the consensus estimate of $60.32 million.

For earnings history and earnings-related data on Hutchinson Technology, Inc. (HTCH) click here.

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