Scalper1 News
More things went wrong than right for InvenSense (INVN) when the chip company reported its fiscal second-quarter earnings after the market close Tuesday. John Vinh, an analyst for Pacific Crest Securities, downgraded InvenSense to sector perform from outperform after the company’s earnings per share fell far short of analyst estimates, while revenue was in line. InvenSense’s outlook for the current period also fell far short of views. At least two Scalper1 News
Scalper1 News