Inphi Corp. (IPHI) Tops Q1 EPS by 1c

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Go back to Inphi Corp. (IPHI) Tops Q1 EPS by 1c

Inphi Corporation Announces First Quarter 2016 Results

April 28, 2016 4:07 PM EDT

SANTA CLARA, CA -- (Marketwired) -- 04/28/16 -- Inphi Corporation (NYSE: IPHI), a leading provider of high-speed analog and mixed-signal semiconductor solutions for the communications, data center and computing markets, today announced financial results for its first quarter ended March 31, 2016.

Revenue in the first quarter of 2016 was a record $66.5 million on U.S. generally accepted accounting principles (GAAP) basis, up 3.3% sequentially from $64.4 million reported in the fourth quarter of 2015 and up 12% year-over-year, compared with $59.2 million in the first quarter of 2015.

Gross margin under GAAP in the first quarter of 2016 was 63.5%, compared with... More