Ikanos Communications (IKAN) Posts Q2 Loss of 72c/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Ikanos Communications Announces Results for Second Quarter 2015 and Proposed Sale
August 6, 2015 7:45 AM EDTFREMONT, CA -- (Marketwired) -- 08/06/15 -- Ikanos Communications, Inc. (NASDAQ: IKAN)
Second Quarter Highlights
Revenue of $11.1 million Net loss of $(12.3) million, or $(0.72) per share Ending cash and cash equivalents of $16.0 millionIkanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the connected home, today announced its financial results for the second quarter of 2015, ended June 28, 2015 and its proposed sale.
"As announced earlier today by Qualcomm, Ikanos has... More
Qualcomm to Acquire xDSL and G.fast Networking Technology Provider Ikanos
August 6, 2015 7:30 AM EDTSAN DIEGO, Aug. 6, 2015 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Atheros, Inc., has entered into a definitive merger agreement to acquire Ikanos Communications, Inc. (NASDAQ: IKAN), a high performance broadband networking semiconductor and software provider enabling both central office and home gateway solutions. Pursuant to the agreement, Qualcomm Atheros, through a wholly-owned subsidiary, will commence a tender offer to acquire all of the issued and outstanding shares of common stock of Ikanos for $2.75 per share in cash, and assume all... More
