Tag Archives: invn

InvenSense Gets Multiple Downgrades After Q2 Miss

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

Winning Chipmakers Benefit In Apple Product Rollout

When Apple fans get their first up-close looks at the new iPhone 6 smartphones, a bevy of chipmakers hope that the fans will like what they see. Just which chipmakers have components inside the new products won’t be entirely known until sales start on Friday and research firms do their first tear-downs. Apple (AAPL), as per its custom, declined to identify any suppliers. But analysts say that likely suppliers include InvenSense (INVN), Avago

InvenSense Earnings Miss, But Analysts Upbeat

InvenSense (INVN) stock fluctuated Thursday after the company’s latest earnings and outlook missed expectations, but many analysts remained upbeat. InvenSense stock, which fell as much as 7% in after-hours trading Wednesday, after the company released its results, but shares were up 2% in midday trading in the stock market today, near 19.30. InvenSense stock on Thursday was down as much as 4.3% and up as much as 7.9%. It has been a top stock,