For Q3, the company reported revenue of $667 million, down 4% from a year ago, but well above the Street at $618.1 million. Pro forma profits of 71 cents a share crushed the Street consensus at 50 cents. Gross margin improved to 52%, from 48% in Q2 and 50% a year ago. Operating margin was 22%, up from 20% in Q2, though down from 24% a year ago. Read More
