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Company News for September 06, 2016

• Shares of Lululemon Athletica Inc. ( LULU ) slumped 10.6% after its fiscal second quarter total comparable sales gained 5% on a constant dollar basis, lower than analysts' 5.8% consensus estimate

• Broadcom Limited's ( AVGO ) shares fell 2.3% after its fiscal third quarter non-GAAP revenues from its biggest segment, Wired Infrastructure was relatively flat quarter-over-quarter at $2,065 million

• Shares of Ambarella, Inc. ( AMBA ) decreased 6.7% after reporting fiscal second quarter revenues of $65.1 million, declining 23% year-over-year

• VeriFone Systems, Inc's ( PAY ) shares plunged 16.4% after posting fiscal third quarter revenues of $488.1 million, falling 4.3% year-over-year

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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