Inphi Corp. (IPHI) Reports In-Line Q3 EPS

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Inphi Corporation Announces Third Quarter 2017 Results

October 31, 2017 4:10 PM EDT

SANTA CLARA, Calif., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, today announced financial results for its third quarter ended September 30, 2017.

GAAP Results

Revenue from continuing operations in the third quarter of 2017 was $84.5 million on a U.S. generally accepted accounting principles (GAAP) basis, up 19% year-over-year, compared with $70.7 million in the third quarter of 2016.  This revenue growth reflects an increase in demand for COLORZ® inter-data center solutions and coherent DSP products from the ClariPhy acquisition.

Gross margin from continuing... More