Intermolecular (IMI) Tops Q1 EPS by 3c

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Intermolecular Announces First Quarter 2016 Financial Results

May 5, 2016 4:25 PM EDT

SAN JOSE, Calif., May 5, 2016 /PRNewswire/ -- Intermolecular, Inc. (NASDAQ: IMI) today reported results for its first quarter of fiscal 2016 ended March 31, 2016.

Results Highlights:

First quarter revenue of $14.5 million, 47% year-over-year growth Second consecutive quarter of positive EBITDA

First Quarter Fiscal 2016 Results

Revenue for the first quarter of 2016 was $14.5 million, up 12% compared to $13.0 million in the prior quarter, and up 47% compared to $9.8 million in the same period last year.  Program revenue was... More