GigOptix (GIG) Tops Q1 EPS by 3c; Offers Q2 Revenue Guidance; Affirms FY Guidance

GigOptix (NYSE: GIG) reported Q1 EPS of $0.02, $0.03 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $9.1 million versus the consensus estimate of $8.71 million.

GigOptix sees Q2 2015 revenue of $9.3-9.5 million, versus the consensus of $9.16 million.

“While it is still early in our fiscal year, we reinforce our previous forecast of annual revenue to be approximately $37 million to $38 million, or growing approximately 14 percent over the prior year.”

For earnings history and earnings-related data on GigOptix (GIG) click here.

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