Thursday, May 1, 2014

SWIR beats on Sales, EPS miss by 1 cent

SWIR reported the following:

Sales Q1 Actual  $121.2 million vs expected $119.20 million a beat by $2 million

EPS actual 2 cents vs expected 3 cents.. a miss by 1 cent

Guidance Q2 $128 million to $131 million vs expectations of $123.81 million...higher guidance by $5.69 million

EPS guidance for Q2 6 to 8 cents per share vs expectation of 9 cents..a miss by 2 cents due to integration cost....

SWIR bid $20.50 ask $20.55..closed @ $22.09

Conference call starts @ 5.30 PM

BLOG does NOT give buy or sell.

Saleem

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