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Avago Technologies Ltd Issues Q1 2013 Revenue Guidance Above Analysts' Estimates

Thursday, 29 Nov 2012 04:30pm EST 

Avago Technologies Ltd announced that for the first quarter of 2013, it expects GAAP and non GAAP net revenue to down 5%-9% sequentially. The Company reported revenues of $618 million in the fourth quarter of 2012. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $606 million for the first quarter of 2013. 

Company Quote

1.56 +1.78%
3:32pm EDT