Intermolecular (IMI) Tops Q2 EPS by 2c

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Intermolecular Announces Second Quarter 2015 Results

August 6, 2015 4:15 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Intermolecular, Inc. (NASDAQ: IMI) - accelerating research and development (R&D) for advanced materials - today announced results for its second quarter ended June 30, 2015.

Second Quarter Fiscal 2015 Results

Revenue for the second quarter of 2015 was $11.0 million, compared to $9.9 million in the same period a year ago. CDP and services revenue was $7.2 million for the quarter, compared to $6.9 million in the prior year. Licensing and royalty revenue was $3.7 million, compared to $3.1 million in the prior year.

As reported under GAAP, the Company reported a... More