Microsemi Reports First Quarter 2018 Results

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Microsemi Corporation (MSCC) PT Raised to $68 at Stifel

January 26, 2018 6:20 AM UTC

Stifel raised its price target on Microsemi Corporation (NASDAQ: MSCC) to $68.00 (from $67.00) while maintaining a Buy rating.

Analyst Tore Svanberg commented, "Microsemi continues to deliver steady growth with revenues increasing 7.6% y/y (5.6% excluding one months sales contribution from Vectron). Also, and while the... More

Microsemi (MSCC) Reports In-Line Q1 EPS; Issues Solid Outlook

January 25, 2018 4:03 PM UTC

Microsemi (NASDAQ: MSCC) reported Q1 EPS of $1.01, in-line with the analyst estimate of $1.01. Revenue for the quarter came in at $468.7 million versus the consensus estimate of $460.18 million.

GUIDANCE:

Microsemi sees Q2 2018 EPS of $0.93-$1.07, versus the consensus of $1.02. Microsemi sees Q2... More