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InvenSense schedules 2Q16 report ?3

09:34 13-Oct-15


InvenSense has scheduled its report for the second quarter of fiscal 2016 for ~4:15pm on Wednesday, October 28, 2015 with a conference call to follow at 4:30.  On average analysts are expecting earnings of 15 cents per share on sales of $111M.  Revenue guidance for the third quarter is expected to come in at $117M.

I don't have anything all that special to say about this report.  I'll mostly be looking at the qualitative statements and Q&A for clues on what to expect going forward and particularly from the developer conference in November.  The stock is up off the bottom that I called over a month ago and has held up well through subsequent market volatility.  It's possible that low was the result of an attempt to manipulate the convertible debt, and now, for the first time in a long time, I don't see any overriding market positioning going into this earnings report.  Maybe we'll actually see a market reaction that's a little more straightforward this time.