InvenSense (INVN) Reports In-Line Q4 EPS

InvenSense (NYSE: INVN) reported Q4 EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $99.3 million versus the consensus estimate of $97.21 million.

"Fiscal 2015 was a significant year for InvenSense,” said Behrooz Abdi, president and CEO. “We achieved the highest revenue in company history, driven by strong market share gains and several high-volume customer wins. We also brought to market a record number of new products across our motion sensor, software and microphone portfolio intended to open up incremental revenue growth opportunities over the coming quarters. Our success in mobile in fiscal 2015 laid important groundwork for our continued achievement in the coming year, while the advancement of our platform strategy provides us with multiple entry points into verticals beyond mobile where our technology can provide significant value in the years to come.”

For earnings history and earnings-related data on InvenSense (INVN) click here.

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