Integrated Device Technology (IDTI) Reports In-Line Q1 EPS
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IDT Reports Q1 Fiscal Year 2017 Financial Results
August 1, 2016 4:06 PM EDT
Q1 FY17 Revenue of $192.1M; up 1.5% Q/Q and 19.4% Y/Y
Q1
FY17 GAAP Diluted EPS of $0.15; Q1 FY17 Non-GAAP Diluted EPS of $0.36
SAN JOSE, Calif.--(BUSINESS WIRE)-- Integrated Device Technology, Inc. (IDT®) (NASDAQ: IDTI) today announced results for the fiscal first quarter 2017, ended July 3, 2016.
First quarter fiscal 2017 revenue increased by over 19 percent year-over-year, driven by broad strength across our consumer, communications, automotive and industrial end markets. On a sequential basis, growth was driven by consumer timing, wireless charging and mobile sensing products, said Greg Waters, president and... More
