Adesto Technologies (IOTS) Tops Q4 EPS by 3c; Issues Light Q1 Revenue Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- 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?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Adesto Technologies Announces Fourth Quarter and Full Year 2015 Financial Results
February 11, 2016 8:01 AM ESTSUNNYVALE, Calif., Feb. 11, 2016 (GLOBE NEWSWIRE) -- Adesto Technologies Corporation (NASDAQ: IOTS), a leading provider of application-specific, feature-rich, ultra-low power non-volatile memory products, today announced financial results for the fourth quarter and full year ended December 31, 2015.
Fourth Quarter and Recent Highlights:
Revenue increased 14.1% year-over-year and 6.1% sequentially to $11.8 million;Gross margin was 45.6%, compared to 40.5% in the fourth quarter of 2014 and 45.2% in the third quarter of 2015;Adjusted EBITDA for the fourth quarter of 2015 was a loss of $494,000, compared to a loss of $442,000 in the fourth... More