Montage Technology Group (MONT) Misses Q3 EPS by 6c, Q4 Revenue Guidance Beats
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Montage Technology Reports Third Quarter 2014 Financial Results
November 13, 2014 4:06 PM ESTSHANGHAI, China, Nov. 13, 2014 (GLOBE NEWSWIRE) -- Montage Technology Group Limited (Nasdaq: MONT) ("Montage Technology" or "Montage" or the "Company"), a global fabless provider of analog and mixed-signal semiconductor solutions addressing the home entertainment and cloud computing markets, today announced financial results for the third quarter ended September 30, 2014.
Third Quarter 2014 Highlights:
Attained revenue of $46.0 million, an increase of 13.8 percent sequentially and 53.1 percent year-over-year; Increased memory interface product revenue by 52.2 percent over the prior quarter; Reported gross margin of 57.9 percent and operating margin of 20.9... More