PLX Technology, Inc. (PLXT) Tops Q2 EPS by 1c
Tweet
Share
E-mailGet Alerts PLXT Hot Sheet
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Worried the AI trade has gone too far? Evercore likes these 4 stocks
- Primoris cuts 2026 outlook on renewables cost overruns, COO exits
Create E-mail Alert Related Categories
Earnings, Guidance, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
