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$SMTC expects to record a reduction to its GAAP net sales of about $3.8MM in 3Q17, which is expected to reduce GAAP EPS for this same period by about $0.06. $SMTC lowered its 3Q17 net sales outlook to $130-138MM from prior range of $134-142MM and its GAAP EPS guidance to range of $0.43-0.47 from prior estimate of $0.49-0.53.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.