GigOptix (GIG) Tops Q2 EPS by 3c, Raises FY Rev. Guidance
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GigOptix Achieves GAAP Profitability in the Second Quarter Fiscal Year 2015
July 27, 2015 4:05 PM EDTQ2 FY15 revenue increased for the fifth consecutive quarter to $9.8 million, up 22 percent from $8.0 million in Q2 FY14, and up 9 percent from $9.1 million in Q1 FY15 First half FY15 revenue of $18.9 million is up 23 percent from $15.4 million in the first half of FY14 Q2 FY15 GAAP and non-GAAP gross margin the highest ever at 63 percent and 66 percent, respectively, up from 60 percent and 62 percent, respectively, in Q1 FY15 Q2 FY15 GAAP net income of $0.5 million, or net income of $0.02 per diluted share, marks the first... More
