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Technology Stocks : Semi Equipment Analysis

SOXX 312.18

-0.2%

Dec 9 4:00 PM EST

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From: 2MAR$	8/25/2011 11:16:08 PM
	3 Recommendations of 95541

today's du jour ...."OVTI Plummets 28% On FYQ1 View" (search tag = guidance) http://blogs.barrons.com/techtraderdaily/2011/08/25/omnivision-plummets-28-on-fyq1-view/?mod=yahoobarrons Needham, Cannacord and Wedbush, among others, issued positive previews of the earnings report over the past few days, and probably have a few unhappy clients this evening By Tiernan Ray Shares of camera sensor maker OmniVision Technologies (* OVTI) are down $6.99, or 28, at $17.83 in late trading after the company beat consensus fiscal Q1 EPS estimates but forecast the current quartet well below estimates. Revenue in the three months ended in July rose 43%, year over year, to $276.1 million, yielding EPS of 76 cents a share, the company said. Analysts on average were looking for $276.4 million and 71 cents per share. For the current quarter, the company sees revenue of $255 million to $275 million, and EPS in a range of 52 cents to 64 cents. Analysts have been looking for $305 million and 80 cents per share.

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