Cavium (CAVM) Reports In-Line Q2 EPS; Raghib Hussain Named as New COO
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Cavium Names Raghib Hussain Chief Operating Officer
July 26, 2016 4:15 PM EDTSAN JOSE, Calif., July 26, 2016 /PRNewswire/ -- Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that Raghib Hussain has been named Chief Operating Officer of Cavium. Mr. Hussain co-founded Cavium in 2000. He has served in various management and technology leadership roles since the inception of Cavium and has been the Corporate Vice President, Chief Technology Officer and General Manager since 2014.
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Cavium Announces Financial Results for Q2 2016
July 26, 2016 4:06 PM EDTSAN JOSE, Calif., July 26, 2016 /PRNewswire/ --Â 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 second quarter ended June 30, 2016.
Net revenue in the second quarter was $107.2 million, a 5.2% sequential increase from the $101.9 million reported in the first quarter of 2016 and 2.1% from the $105.0 million reported in the second quarter of 2015.
Generally Accepted Accounting Principles (GAAP)... More
