Cavium forecasts Q3 sales below Wall Street, shares (Reuters)
(Reuters) – Chipmaker Cavium Inc (CAVM.O) posted a quarterly take above outlet estimates, helped by muscular ontogeny in its adornment and consumer business, but prognosticate weaker-than-expected third-quarter revenue, sending its shares downbound 10 quotient after hours. The company, which makes processors for networking and person equipment makers, expects third-quarter income of $73-$74 million, beneath estimates [...]
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