(EMAILWIRE.COM, January 29, 2010 )
Dallas, Tx - QUALCOMM, Inc. (NASDAQ:QCOM) declined 14.24% to $40.48 on 130.89 million shares after the company announced that for the second quarter of 2010, it expects pro forma revenues to be in the range of $2.40-$2.60 billion, diluted earnings per share (EPS) to be in the range of $0.49-$0.53, GAAP revenues to be in the range of $2.40-$2.60 billion and diluted EPS to be in the range of $0.35-$0.39. For fiscal 2010, the Company expects proforma revenues to be in the range of $10.40-$11.00 billion compared to prior estimates of $10.50-$11.30 billion, diluted EPS of $2.10-$2.30, GAAP revenues of $10.40-$11.00 billion compared to prior estimates of $10.50-$11.30 billion and diluted EPS of $1.56-$1.76.

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LSI Corporation (NYSE:LSI) decreased 9.17% to $5.45 on 23.88 million shares after the company announced that for first quarter of 2010, it expects GAAP and non-GAAP revenue to be in the range of $590-$620 million, GAAP net (loss) income per share (EPS) to be in the range of $(0.06)-$0.03 and non-GAAP EPS to be in the range of $0.04-$0.10. According to Reuters Estimates, analysts were expecting the Company to report revenue of $583 million and non-GAAP EPS of $0.06 for the same period.

Mellanox Technologies, Ltd. (NASDAQ:MLNX) went down 1.48% to $18.59. The stock hit an intraday high and an intraday low of $18.74 and $17.36 respectively. In the last six months the stock went up over 14%. Mellanox Technologies, Ltd. is a supplier of semiconductor-based, high-performance interconnect products that facilitate data transmission between servers, communications infrastructure equipment and storage systems.

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