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InvenSense schedules 1Q16 report ?3

InvenSense has scheduled its first quarter fiscal 2016 report for Tuesday, August 4th at 4:05pm EST.  A conference call will follow at 4:30pm.  On average, analysts are expecting earnings of 12 cents per share on revenue of $103M with guidance for the second quarter sales of $116M.

Shares are back down near recent lows, and the iPhone photos seem to mitigate near-term risk, but I still see both risk and reward as increased for the long term due to competition and the moves of industry giants.  We'll see if management has anything to say about new transactions on the call.