Needham & Company Remains Bullish as Integrated Device Technology (IDTI) Releases Weak 3Q Guide
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IDT Reports Q2 Fiscal Year 2017 Financial Results
October 31, 2016 4:03 PM EDTQ2 FY17 Revenue of $184.1M; up 8.6% Y/Y
Q2 FY17 GAAP Diluted EPS of $0.18 Q2 FY17 Non-GAAP Diluted EPS of $0.34
SAN JOSE, Calif.--(BUSINESS WIRE)-- Integrated Device Technology, Inc. (IDT®) (NASDAQ: IDTI) today announced results for the fiscal second quarter 2017, ended October 2, 2016.
Second quarter fiscal 2017 revenue increased by over eight percent as compared with the year ago quarter, and marks our twelfth consecutive quarter of year-over-year revenue growth, commented Gregory Waters, president and chief executive officer. We are delivering new growth engines to the already strong IDT franchise,... More
