STEC Drops 12%: Q4 Misses, Q1 View Well Below Consensus
Shares of solid-state drive technology maker Stec (STEC) are down 64 cents, or 12%, at $4.85, after the company this afternoon reported Q4 revenue and earnings per share that missed consensus, and forecast this quarter’s results well below expectations. Revenue in the three months ended in December fell 40%, year over year, to $35 million, yielding [...]
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