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Stock Market & Financial Investment News

News Breaks
February 4, 2014
07:11 EDTPSMIPeregrine downgraded to Hold from Buy at Needham
Needham downgraded Peregrine following the disappointing Q4 report and guidance. Note JPMorgan also downgraded shares today.
News For PSMI From The Last 14 Days
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July 28, 2014
16:16 EDTPSMIPeregrine sees Q3 revenue $40M-$43M, consensus $42.96M
Third quarter GAAP gross margin is expected to be in the range of 39%-41%.
16:15 EDTPSMIPeregrine reports Q2 adjusted EPS (12c), consensus (11c)
Reports Q2 revenue $47.1M, consensus $44.13M. Gross margin on a non-GAAP basis for the second quarter was 39.0% of revenue, compared to 40.0% of revenue for the same period in 2013.
July 22, 2014
08:08 EDTPSMIPeregrine, RF Micro Devices settle all outstanding litigation
Peregrine Semiconductor (PSMI) and RF Micro Devices (RFMD) announced that they have settled all outstanding claims between the companies. The two parties have entered into patent cross licenses and have agreed to dismiss all related litigation. Specific financial terms of the agreement remain confidential.

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