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InvenSense schedules 1Q17 report ?3

21:13 07-Jul-16


InvenSense has scheduled the report for its first fiscal quarter of 2017 for after market close on July 28th.  The average of analyst estimates come in at negative 6 cents of EPS on revenue of $60.2M.  Both of these figures represent two or more year lows, but given the Apple worries that I've just written about, I think the guidance will be even more important.  In the current quarter, average expectations are for 3 cents of profit per share on $78.2M in sales.  I'll also be looking for some update on Coursa, and private feedback from the company has indicated that management will try to provide some.