Lsi Corp (LSI)

[adeezl]

LSI did VERY well earnings wise.. not much movement here

LSI Reports Third Quarter 2012 Results

14% year-over-year revenue growth, with strong operating cash flows

MILPITAS, Calif., October 24, 2012 – LSI Corporation (NYSE: LSI) today reported results for its third quarter ended September 30, 2012.

Third Quarter 2012 Highlights

Third quarter 2012 revenues from continuing operations* of $624 million, up 14% year-over-year
Third quarter 2012 GAAP** income from continuing operations of $0.07 per diluted share
Third quarter 2012 non-GAAP*** income from continuing operations of $0.17 per diluted share
Third quarter 2012 operating cash flows of $112 million



Fourth Quarter 2012 Business Outlook

Projected revenues from continuing operations* of $570 million to $610 million
GAAP** income from continuing operations in the range of ($0.02) to $0.07 per share
Non-GAAP*** income from continuing operations in the range of $0.11 to $0.17 per share

http://www.lsi.com/about/newsroom/Pages/20121024cr.aspx

Last time this happened guys the stock went up 20%+ the next day, my buddy that works for them says they're curious to see how the market reacts. We'll see! I'm watching after Fusion's deal