Your #1 Swing Trading Strategy & Stock Pick Site



FREE 30 Days Trial - MarketClub incl. Chart Portfolio - Smart Scans
draw trend
You Are Here: Home > Articles > Stock Picks > Atheros Communications (ATHR) Crushes Estimates

Atheros Communications (ATHR) Crushes Estimates
Jan 26, 2010

Picture

Trader Mark

add Fund my Mutual Fund
More articles
Font Size:
Text size
Text size
Text size

First glance at Atheros Communications' (ATHR) earnings report is stellar - but it doesn't matter since Apple (AAPL) is out tonight and the whole world revolves around this (most excellent) company.   ATHR down in after hours :) "sell the news"

Revenue $185.7M, EPS $0.64 (non-GAAP)
v
Analysts $174.7M, EPS $0.53 (non-GAAP)
Revenue up 19% sequentially, and 89% year over year
Gross margins up almost 2% versus previous quarter, and 1% year over year
Operating margins a fantastic 23.4% of revenue, v 19.4% previous quarter, and 7.6% a year ago.
Bellissimo.
No guidance in report
As I said earlier in the day, high expectations but they delivered.  If not for a shady market, we'd definitely get everything we sold the past 7 days back first thing tomorrow.  But right now stocks are a slave to the general market and babies are being tossed with bathwater.  We'll see how the next few days play out - fundamentally, we could not ask for more.


Rate this article

 
 
(click to rate) 


AAPL
C:258.1100

Rate AAPL

 

(click to rate)


Back to top


You Are Here:Home > Articles > Stock Picks > Atheros Communications (ATHR) Crushes Estimates

BUY? SELL? HOLD?
Find out now.