Inphi Corp. (IPHI) Tops Q2 EPS by 1c

Inphi Corp. (NYSE: ) reported Q2 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $60.7 million versus the consensus estimate of $60.23 million.

"We are pleased to report record non-GAAP revenue and record earnings per share in Q2," said Ford Tamer, Inphi President and CEO. "While being cautious about a near-term slowdown in the service provider market in China, we remain confident in our ability to grow overall revenue and profitability in the mid- to long-term. We are convinced that our cloud product offerings will continue to position Inphi as a strong participant in the upcoming multi-billion dollar Data Center Interconnect market."

For earnings history and earnings-related data on Inphi Corp. (IPHI) click here.

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