Cavium Networks Slides As Q2 Outlook Misses Street Ests

Cavium Networks shares are trading sharply lower after hours on Tuesday on disappointing guidance for the second quarter. The provider of network processors posted Q1 revenue of $52.7 million, down 6% from a year ago, and about in line with the Street at $52.6 million. The company earned 2 cents a share, ahead of the ...

Topics:  cavium networks   q1   street   million   
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