GAAP EPS was $0.000 in the fourth quarter, and 17 cents a share on a non-GAAP basis which excluded tariffs and restructuring costs (somehow excluding tariffs is now part of non-GAAP), missing analysts’ average estimate for 29 cents (range of 19c to 42c) while revenue was only $955.6 million, far below the consensus estimate $1.05 billion (range $1 billion to $1.10 billion, while 4Q gross margin 27.6% was modestly better than the estimated 27.5%.
