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Ikanos Communications Inc Issues Q3 2013 Guidance Below Analysts' Estimates


Thursday, 25 Jul 2013 04:06pm EDT 

Ikanos Communications Inc announced that for the third quarter of 2013, it expects revenue to be between $16 million and $18 million, GAAP net loss to be in the range of approximately $(9.2) million to $(11.5) million, or a GAAP loss per share of $(0.13) to $(0.16). Non-GAAP net loss is expected to be in the range of approximately $(8.0) million to $(10.3) million, or a non-GAAP loss per share of $(0.11) to $(0.14). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $23 million, net loss of $(5.1) million and EPS of $(0.07) for the third quarter of 2013. 

Company Quote

0.38
0.018 +4.97%
19 Sep 2014