PLX Technology, Inc. (PLXT) Tops Q2 EPS by 1c
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PLX Technology, Inc. (NASDAQ: PLXT) reported Q2 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $26.8 million versus the consensus estimate of $26.63 million.
PLX Technology, Inc. sees Q3 2013 revenue of $25.5-27.5 million, versus the consensus of $27.7 million.
"Our ongoing commitment to controlling costs and focusing on our growing leadership in PCI Express has resulted in consecutive profitable quarters," said David Raun, PLX president and CEO. "Although we still have much to do, these two quarters combined produced the most profitable first six months of any year in the company's history. PCI Express grew eight percent, led by Gen3 growth setting a new record and producing our first $20 million PCI Express quarter. PCI Express is now 75 percent of our sales, up from 67 percent one year ago."
For earnings history and earnings-related data on PLX Technology, Inc. (PLXT) click here.
PLX Technology, Inc. sees Q3 2013 revenue of $25.5-27.5 million, versus the consensus of $27.7 million.
"Our ongoing commitment to controlling costs and focusing on our growing leadership in PCI Express has resulted in consecutive profitable quarters," said David Raun, PLX president and CEO. "Although we still have much to do, these two quarters combined produced the most profitable first six months of any year in the company's history. PCI Express grew eight percent, led by Gen3 growth setting a new record and producing our first $20 million PCI Express quarter. PCI Express is now 75 percent of our sales, up from 67 percent one year ago."
For earnings history and earnings-related data on PLX Technology, Inc. (PLXT) click here.
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