Hittite Microwave Corporation (NASDAQ:HITT) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Hittite Microwave Corporation Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 9.62% to $0.57 in the quarter versus EPS of $0.52 in the year-earlier quarter.
Revenue: Rose 6.92% to $67.7 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Hittite Microwave Corporation reported adjusted EPS income of $0.57 per share. By that measure, the company beat the mean analyst estimate of $0.56. It beat the average revenue estimate of $67.48 million.
Quoting Management: There was no comment from management.
Key Stats (on next page)…