Integrated Device Technology (IDTI) Tops Q2 EPS by 4c
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IDT Reports Q2 Fiscal Year 2016 Financial Results
October 26, 2015 4:05 PM EDTQ2 FY16 Revenue of $169.5M; up 5.3% Q/Q and 23.6% Y/Y
Q2 FY16 GAAP Diluted EPS (from Continuing Operations) of $0.28
Q2 FY16 Non-GAAP Diluted EPS of $0.35
SAN JOSE, Calif.--(BUSINESS WIRE)-- Integrated Device Technology, Inc. (IDT®) (NASDAQ: IDTI) today announced results for the fiscal second quarter ended September 27, 2015.
Second quarter fiscal 2016 results were excellent. Revenue grew to $169.5 million dollars, an increase of almost 24 percent year-over-year and 5 percent sequentially, driven by a strong rebound in sales of our communications products, continued... More
