August 29, 2013 at 17:06 PM EDT
OmniVision Plummets After Disappointing Guidance (OVTI)
OmniVision Technologies (NASDAQ: OVTI ) reported positive first-quarter results this afternoon. Unfortunately, the company also announced that it expects to report second-quarter results that are well below expectations. OmniVision's Q1 EPS came to $0.55 (a 162 percent increase over the year-ago period) versus the Street estimate of $0.43. Revenue was slightly
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