Power-One, Inc. (PWER)

[eastunder]

PWER: Q2 EPS 21c vs 17c Misses 22c Est; Guidance In-Line with Consensus

Thursday , July 28, 2011 17:02ET

QUARTER RESULTS
Power-One Inc (PWER) reported Q2 results ended June 2011. Q2 Revenues were $260.30M; +21.32% vs yr-ago; BEATING revenue consensus by +2.53%. Q2 EPS was 21c; +23.53% vs yr-ago; MISSING earnings consensus by -4.55%.

Q2 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $260.30M      $214.55M     +21.32%      $253.88M      +2.53% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                 21c           17c     +23.53%           22c      -4.55% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 

GUIDANCE

Q3-11 Revenue Outlook [$265 - $280M]: PWER expects Q3 2011 revenues of $265 to $280 million. The Q3-11 revenue forecast is in-line with current consensus estimates.

FY-11 Revenue Outlook [$1050 - $1150M]: PWER expects FY 2011 revenues of $1.05 to $1.15 billion. The FY-11 revenue forecast is in-line with current consensus estimates.