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IDT schedules 3Q18 report ?2

16:36 09-Jan-18


Integrated Device Technology has scheduled the report on its fiscal third quarter of 2018 to occur on Monday, January 29th.  The average of analyst estimates calls for earnings of 41 cents per share on revenue of $215M, with the current quarter growing to $222M in sales.

We've now fully realized the step up that I've been anticipating for so long, and IDTI has almost doubled from point where I originally called out the opportunity, less than two years ago.  Shares could easily continue to appreciate with the market and further good results, but I think they are at least fairly valued at the moment.