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Fly News Breaks for April 28, 2016
CAVM
Apr 28, 2016 | 08:22 EDT
After Cavium reported in-line Q1 EPS but its Q1 revenue was slightly below expectations and its Q2 guidance missed the consensus outlook, Pacific Crest says that the company's results were negatively impacted by product delays. The firm remains upbeat on the company's products and recommends that investors buy the stock on weakness.
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