Intermolecular (IMI) Tops Q4 EPS by 3c
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Intermolecular Announces Fourth Quarter 2016 and Full Year 2016 Financial Results
February 9, 2017 4:20 PM ESTSAN JOSE, Calif., Feb. 9, 2017 /PRNewswire/ --Â Intermolecular, Inc. (NASDAQ: IMI) today reported results for its fourth quarter and full year ended December 31, 2016.
Results Highlights:
Fourth quarter total revenue of $10.5 million; 2016 fiscal year revenue of $47.3 million, with 2016 program revenue growing 17% year-over-year Third quarter cost reductions contributed to lowering GAAP net loss from $(6.8) million in the third quarter to $(3.0) million in the fourth quarter of 2016. Significant progress in completing longer term, "anchor customer" agreementsFourth Quarter Fiscal 2016 Results
Revenue for the... More
