EZchip Semiconductor Ltd. (EZCH) reported first quarter non-GAAP net income of $0.23 per share Wednesday morning, down from $0.27 per share a year ago. The consensus estimate was for EPS of $0.23.
EZchip Semiconductor posted early gains at the open Wednesday and has taken out the highs of the morning in the last few minutes on increased volume. Shares are now up 2.66 at $26.98. The stock has broken out to a 2 1/2 month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.