Interphase Corp (INPH) Reports Q4 Loss of $0.26

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Go back to Interphase Corp (INPH) Reports Q4 Loss of $0.26

Interphase Announces Fourth Quarter and 2014 Full Year Financial Results

March 26, 2015 4:30 PM EDT

CARROLLTON, Texas--(BUSINESS WIRE)-- Interphase Corporation (NASDAQ: INPH), a diversified information and communications technology company, today reported financial results for its fourth quarter and full year ended December 31, 2014.

Revenues for the fourth quarter of 2014 were $2.9 million, a decrease of 34% when compared to revenues from the fourth quarter of 2013 of $4.3 million. Revenues in the quarter were primarily derived from communications networking product revenues, which decreased 16% to $2.3 million in the fourth quarter of 2014 compared to $2.7 million for the fourth quarter of 2013. In addition, services revenues decreased 67% to $512,000 in the fourth quarter of 2014 compared to $1.6... More