Replies to post #1226 on EPS & Earnings ... Hits & Misses

[madrose1]

Genesis Microchip (GNSS) Not good. Revenue for the fiscal third quarter ended Dec. 31 was light at $51.1 million, versus estimated $54.5 million, and non-GAAP loss of 21 cents a share was worse than expected loss of 3 cents. Worse, the company sees March quarter revenue of $35 million to $40 million is much worse than Street consensus of $51 million. The company blamed “exposure to the TV market in Europe” and “loss of marketshare by a few of our key customers.” After hours, the stock is down $1.29, or 13%, to $8.57.

[madrose1]

ATHR $25 Atheros Communications beats by $0.02, ex-items (26.79 -0.76)

Reports Q1 (Mar) earnings of $0.23 per share, excluding non-recurring items, $0.02 better than the Reuters Estimates consensus of $0.21; revenues rose 8.8% year/year to $95.5 mln vs the $94.2 mln consensus.