Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
So what: Non-GAAP EPS of $0.38 fell 5% year over year but beat the $0.37 consensus estimate. GAAP EPS of $0.31 fell from $0.33 in the year-earlier quarter. Revenue of $898 million was essentially flat year over year but ahead of the $889 million consensus forecast.
Now what: Troubled Research In Motion
We continue to execute well on all of our new product initiatives including in our Mobile and Wireless end market ... we experienced solid revenue growth in all our served end markets.... Looking forward, we continue to focus our investments on initiatives designed to increase revenue and profit through both new products and share gains.
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Fool contributor Cindy Johnson does not own shares of any company named above. The Motley Fool owns shares of Marvell Technology Group and Research In Motion. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.