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IDT schedules 1Q17 report ?3

17:31 11-Jul-16


Integrated Device Technology has scheduled the report for its first fiscal quarter of 2017 for after the bell on Monday, August 1.  The average of analyst estimates calls for a profit of 36 cents per share on revenue of $191M.  Guidance for the quarter is expected to come in at $193M, on average.  The second half of the calendar year is expected to be stronger for the company, so guidance should be closely watched. With a hybrid P/E ratio of 12.5, and an impressive array of sensor, communications and power technology, IDT is one of the few technology companies out there that I still see as slightly under-priced.