Intermolecular (IMI) Misses Q3 EPS by 2c

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Intermolecular Announces Third Quarter 2015 Results

November 5, 2015 4:16 PM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- Intermolecular, Inc. (NASDAQ: IMI) - a leader in engineered materials solutions - today announced results for its third quarter ended September 30, 2015

Third Quarter Fiscal 2015 Results

Revenue for the third quarter of 2015 was $11.5 million, compared to $10.9 million in the same period a year ago. Program revenue was $8.7 million for the quarter, compared to $7.7 million in the prior year. Licensing and royalty revenue was $2.8 million, compared to $3.2 million in the prior year.

As reported under GAAP, the Company reported a net loss of $(5.8) million, or... More