GigOptix (GIG) Tops Q1 EPS by 1c
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GigPeak (Formerly GigOptix) Reports Record Revenue and Free Cash Flow in the First Quarter of Fiscal 2016
April 18, 2016 4:05 PM EDTContinued Enhanced Financial Performance Establishes Strong Foundation for GigPeak
Financial results for Q1 FY16 include only the performance for GigOptix, Inc., which changed its name to GigPeak, Inc., effective April 5, 2016, and do not include any financial results of Magnum Semiconductor, Inc., as the acquisition closed on April 5, 2016, after the close of Q1 FY16 Q1 FY16 record revenue of $11.4 million, increasing for the eighth consecutive quarter, up 3 percent from $11.1 million in Q4 FY15, and up 25 percent from $9.1 million in Q1 FY15 Q1 FY16 record GAAP and... More