SYMM (Symmetricom)
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- 03/11/09
Why I Love This Stock |
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Date:08 12 07 |
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Got beat up for earnings misses, which appear to be tied to timing of purchases from major telecomm carrier spending - major customers like T VZ have delayed synchronization upgrades (whatever they are). |
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By:kingsw |
Date:08 12 07 |
Shares of Symmetricom (SYMM) tumbled 24.5%, after the provider of software services posted a fiscal fourth-quarter earnings miss and warned that first-quarter results would be well below expectations. The company posted adjusted earnings of $4 million, or 9 cents a share, on revenue of $57.4 million. Analysts expected earnings of 10 cents a share. Looking ahead, Symmetricom sees first-quarter adjusted earnings of 1 cent to 6 cents a share on revenue of $48 million to $53 million. Analysts project earnings of 11 cents a share on revenue of $55.7 million. For the full year, the company sees adjusted earnings of 24 cents to 34 cents a share on revenue of $210 million to $220 million. Analysts project earnings of 51 cents a share on revenue of $229.8 million. |
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By:Pro |
Date:11 30 -1 |
Upgraded by Morgan Keegan from Mkt Perform to Outperform |
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By:willyrusso |
Date:03 17 07 |
cramer |
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By:Pro |
Date:11 30 -1 |
Downgraded by Ferris Baker Watts from Buy to Neutral |
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Why I Hate This Stock |
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By:mitzeleh |
Date:11 06 07 |
inherited |
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