Inphi Corp. (IPHI) Tops Q2 EPS by 4c, Offers Q3 Guidance

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Inphi Corporation Announces Second Quarter 2016 Results

August 8, 2016 4:05 PM EDT

SANTA CLARA, CA -- (Marketwired) -- 08/08/16 -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, today announced financial results for its second quarter ended June 30, 2016. The second quarter financial results include the impact of classifying the memory buffer and memory register business as assets recently sold to Rambus. The financial impact of this business has been reclassified out of results from continuing operations.

GAAP Results

Revenue from continuing operations (without the memory business) in the second quarter of 2016 was $60.5 million on a U.S. generally accepted accounting... More