EZchip Semiconductor Ltd. (NASDAQ:EZCH) delivered a profit and met 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.
EZchip Semiconductor Ltd. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 14.81% to $0.23 in the quarter versus EPS of $0.27 in the year-earlier quarter.
Revenue: Rose 6.1% to $15.3 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: EZchip Semiconductor Ltd. reported adjusted EPS income of $0.23 per share. By that measure, the company missed the mean analyst estimate of $0.23. It beat the average revenue estimate of $15.12 million.
Quoting Management: There was no comment from the management.
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