Interphase Corp (INPH) Reports Q1 Loss of $0.18

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Go back to Interphase Corp (INPH) Reports Q1 Loss of $0.18

Interphase Announces First Quarter 2015 Financial Results

May 5, 2015 4:40 PM EDT

CARROLLTON, Texas--(BUSINESS WIRE)-- Interphase Corporation (NASDAQ: INPH), a diversified information and communications technology company, today reported financial results for its first quarter ended March 31, 2015.

Revenues for the first quarter of 2015 were $2.1 million, a decrease of 39% when compared to revenues from the first quarter of 2014 of $3.4 million. Revenues in the quarter were primarily derived from communications networking product revenues, which decreased 14% to $1.5 million in the first quarter of 2015 compared to $1.7 million for the first quarter of 2014. In addition, services revenues decreased 70% to $500,000 in the first quarter of 2015 compared to $1.6 million in the... More