Cavium (CAVM) Reports In-Line Q1 EPS

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Go back to Cavium (CAVM) Reports In-Line Q1 EPS

Cavium Announces Financial Results for Q1 2016

April 27, 2016 4:05 PM EDT

SAN JOSE, Calif., April 27, 2016 /PRNewswire/ -- Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced financial results for the first quarter ended March 31, 2016.

Net revenue in the first quarter of 2016 was $101.9 million, a 1.0% sequential increase from the $100.9 million reported in the fourth quarter of 2015 and relatively... More