Cavium (CAVM) Tops Q3 EPS by 2c
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Cavium Announces Financial Results for Q3 2017
November 1, 2017 4:05 PM EDTSAN JOSE, Calif., Nov. 1, 2017 /PRNewswire/ --Â Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced financial results for the third quarter ended September 30, 2017.
Net revenue in the third quarter of 2017 was $252.0 million, a 4.1% sequential increase from the $242.1 million reported in the second quarter of 2017 and 49.9% from the $168.1 million reported in the third quarter of 2016.
Generally Accepted Accounting Principles (GAAP) Results
Net loss for the third quarter of 2017 was $6.2 million, or ($0.09) per... More
