PWAV $13~$15~$14 beats by $0.02, ex items (PWAV) : Reports Q4 (Dec) earnings of $0.17 per share, excluding non-recurring items, $0.02 better than the Reuters Estimates consensus of $0.15; revenues rose 65.4% year/year to $258.7 mln vs the $262.2 mln consensus. Target upped to $17 @ NEED
Powerwave earnings update (PWAV) : Co's as reported Q4 EPS of $0.15 actually includes a $0.02 charge. Excluding all items, EPS of $0.17 is comparable to $0.15 consensus. We have edited earlier story to reflect comparable actual. 31-Jan-06 17:27 ET In Play Powerwave: webcast summary; 1Q06 and FY06 guidance (PWAV) 14.61 : PWAV's CEO reports guidance for 1Q06; revenue of $240-$250 mln (Reuters consensus $249.7 mln) and EPS excluding charges of $0.13-$0.15 (Reuters consensus $0.14). For FY06 he estimates revenue of $1.1 bln (Reuters consensus $1.078 bln) and EPS of $0.70-$0.80 (Reuters consensus $0.71). He also noted that they are going to focus on margins in FY06.