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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: jjstingray who wrote (50297)4/11/2002 4:14:23 PM
From: Sully-  Read Replies (1) of 99280
 
16:12 ET MIPS Tech misses Q3 earnings estimate (MIPS) 6.62 -0.38: Reports Q3 net loss of $0.04, $0.01 worse than the Multex consensus; revs were $12.7 mln, vs consensus of $12.9 mln.

16:09 ET Seagate reports sequential increase in revenues/profits : Seagate reported a 4.0% sequential increase in revenues to $1.81 bln for its Mar qtr; net income rose to $199 mln from $122 mln. Though Seagate is now privately held, its results are often watched as an indication of the prospects for other disk drive companies such as WDC and RDRT.

16:08 ET Mercury Interactive tops Q1 estimates (MERQ) 30.25 -1.15: -- Update -- Reports Q1 pro forma EPS of $0.14, $0.04 better than the Multex consensus; revs were $90.5 mln, vs consensus of $86.0 mln.

16:08 ET Elantec Semi exceeds by $0.01; boosts Q3 outlook (ELNT) 43.70 -0.60: Reports Q2 net of $0.12 a share, $0.01 better than the Multex consensus, vs yr-ago EPS of $0.20. Revenues declined 17% to $25.4 mln (consensus $23.91 mln). For Q3, co sees EPS of $0.13-$0.14 (consensus $0.12).

16:07 ET Echelon tops earnings estimates (ELON) 20.03 -0.38: Company reports Q2 earnings of $0.07 per share, $0.01 better than the consensus estimate; Q2 revenues came in at $27.6 mln vs the consensus estimate of $28.0 mln.

16:06 ET Cree matches guidance (CREE) 11.61 -1.04: Reports Q3 net of $0.00, in line with the Multex consensus. Revenues fell 37.5% to $33.38 mln, in line with co guidance of $32-$34 mln
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