Inphi Corp. (IPHI) Tops Q1 EPS by 1c

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Inphi Corporation Announces First Quarter 2015 Results

April 28, 2015 4:06 PM EDT

SANTA CLARA, CA -- (Marketwired) -- 04/28/15 -- Inphi Corporation (NYSE: IPHI), a leading provider of high-speed analog and mixed-signal semiconductor solutions for the communications, data center and computing markets, today announced the financial results for its first quarter ended March 31, 2015.

Revenue in the first quarter of 2015 was $59.2 million, up 8.0% sequentially from $54.8 million reported in the fourth quarter of 2014. This was up 90% year over year compared with $31.2 million in the first quarter of 2014.

Gross margin under U.S. generally accepted accounting principles (GAAP) in the first quarter of 2015 was 50.6%, compared with 64.5%... More