Inphi Corp. (IPHI) Tops Q2 EPS by 2c
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Inphi Corporation Announces Second Quarter 2017 Results
August 7, 2017 4:06 PM EDTSANTA CLARA, Calif., Aug. 07, 2017 (GLOBE NEWSWIRE) -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, today announced financial results for its second quarter ended June 30, 2017.
GAAP Results
Revenue from continuing operations in the second quarter of 2017 was $84.4 million on a U.S. generally accepted accounting principles (GAAP) basis, up 39% year-over-year, compared with $60.5 million in the second quarter of 2016. Â This revenue growth reflects an increase in demand for ColorZ inter-data center solutions and coherent DSP products from the ClariPhy acquisition.
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