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This study has been done under the weak guidance approximation.
Last quarter, the company reported revenues of $595 million with 310 million MAUs and weak guidance.
Credit Suisse analyst Paul Silverstein sees little concern in the profit slip and weak guidance.
JDS Uniphase shares fell almost 7% Thursday, also on weak guidance.
(Though, any small miss or weak guidance could easily send the numbers the other way as well).
Investors ran from Panera Bread after it gave some weak guidance but a sell-off might have been overdone.
Similar(41)
We have lowered our estimates [2014/15/16 estimates cut by 12%/5%/3% respectively] to reflect the weaker guidance given, and our target price declines to 1,150p (from 1,200p).
A report this week from Raymond James, for instance, citing weaker guidance from Apple's supply chain suppliers, said that it's possible there will be fewer iPhone upgrades in "the coming 3 and 12 months than a year ago".
It follows an announcement by the Japanese carmaker on Friday of weak earnings guidance for fiscal 2009.
LinkedIn — the social platform used by 400 million professionals looking to network or find work — has taken a major tumble in the markets in the last few months over weak financial guidance amid slowing growth.
The Fed is not trying to target the sagging stock indexes, Kasman says, especially as earlier this week U.S. stocks rallied despite weak earnings guidance from heavyweights like Cisco Systems and Texas Instruments.
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