Stifel Downgrades Cavium Networks (CAVM) to Hold
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Cavium Announces Financial Results for Q3 2015
October 28, 2015 4:06 PM EDTSAN JOSE, Calif., Oct. 28, 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 third quarter ended September 30, 2015.
Net revenue in the third quarter of 2015 was $105.1 million, a 0.1% sequential increase from the $105.0 million reported in the second quarter of 2015 and a 7.4% year-over-year increase from the $97.8 million reported in the third quarter of 2014.
Generally Accepted Accounting... More
