Quantenna (QTNA) Reports In-Line Q4 EPS, Revenues Beat; Provide Q1 Outlook

Quantenna (NASDAQ: QTNA) reported Q4 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $62.57 million versus the consensus estimate of $62.06 million.

"Our strong fourth quarter and annual operating results showcase the success of our broad product portfolio as both our premium Wave 3 10G product and high-performance mainstream Wave 2 product experienced record revenue. We continue to experience strong customer engagement with our products, including our family of Wi-Fi 6 product offerings,” commented Dr. Sam Heidari, Chairman and Chief Executive Officer.

GUIDANCE:

Quantenna sees Q1 2019 EPS of $0.13-$0.15. Quantenna sees Q1 2019 revenue of $56-59 million.

For earnings history and earnings-related data on Quantenna (QTNA) click here.

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