Cavium (CAVM) Reports In-Line Q2 EPS

Go back to Cavium (CAVM) Reports In-Line Q2 EPS

Cavium Announces Financial Results for Q2 2015

July 29, 2015 4:01 PM EDT

SAN JOSE, Calif., July 29, 2015 /PRNewswire/ -- Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, data center, wired and wireless networking, today announced financial results for the second quarter ended June 30, 2015.

Net revenue in the second quarter of 2015 was $105.0 million, a 3.1% sequential increase from the $101.8 million reported in the first quarter of 2015 and a 15.8% year-over-year increase from the $90.7 million reported in the second quarter of 2014.

Generally Accepted Accounting Principles... More