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EZchip Semiconductor Ltd. Message Board

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  • panamax950 panamax950 Feb 10, 2011 8:59 AM Flag

    Zchip beats by $0.02, reports revs

    Sounds like good growth prospects for 2011, but looks like a bump in the road for the first quarter... Not sure what the low will be, but it looks like a good buying opportunity for 2011.

    “Looking ahead, we believe we have the products, customers and leading market position to continue to grow our business in 2011 and beyond. In the short term, we expect to see a single-digit decline in revenues in the first quarter of 2011 compared to the first quarter of 2010, as we see inventory adjustments from several customers. We believe that growth will resume in the second quarter of 2011, and increase significantly in the second half of 2011 when the NP-3 based systems continue to ramp and the NP-4 based systems enter production.”

25.06+0.03(+0.12%)2:25 PMEDT