InvenSense (INVN) Tops Q1 EPS by 1c

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InvenSense Announces First Quarter Of Fiscal year 2017 Results

July 28, 2016 4:15 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- InvenSense Inc. (NYSE: INVN), a leading provider of MEMS sensor platform solutions, today announced results for its first quarter of fiscal year 2017, ended July 3, 2016.

Net revenue for the first quarter of fiscal 2017 was $60.6 million, down 24 percent from $79.5 million for the fourth quarter of fiscal 2016, and down 43 percent from $106.3 million for the first quarter of fiscal 2016.... More