Did These Stocks Miss or Beat Analyst Expectations?

Richardson Electronics Ltd. (NASDAQ:RELL) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 55.56% to $0.04 in the quarter versus EPS of $0.09 in the year-earlier quarter. Revenue Decreased 12.34% to $33.6 million from the year-earlier quarter.

Richardson Electronics Ltd. reported adjusted EPS income of $0.04 per share. By that measure, the company missed the mean analyst estimate of $0.06. It missed the average revenue estimate of $39 million.

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RELL

SemiLEDs Corporation (NASDAQ:LEDS) had a loss and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased to $-0.19 in the quarter versus EPS of $-0.22 in the year-earlier quarter. Revenue Decreased 39.32% to $4.8 million from the year-earlier quarter.

SemiLEDs Corporation reported adjusted EPS loss of $0.19 per share. By that measure, the company beat the mean analyst estimate of $-0.24. It missed the average revenue estimate of $5.36 million.

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LEDS

iGATE Corporation (NASDAQ:IGTE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 34.21% to $0.51 in the quarter versus EPS of $0.38 in the year-earlier quarter. Revenue Rose 4.42% to $274.9 million from the year-earlier quarter.

iGATE Corporation reported adjusted EPS income of $0.51 per share. By that measure, the company beat the mean analyst estimate of $0.41. It beat the average revenue estimate of $271.85 million.

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IGTE

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