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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