Quantenna (QTNA) Tops Q3 EPS by 6c; Warns for Q4
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Quantenna Announces Third Quarter 2017 Financial Results
November 6, 2017 4:05 PM ESTSAN JOSE, Calif., Nov. 06, 2017 (GLOBE NEWSWIRE) -- Quantenna Communications, Inc. (NASDAQ: QTNA), a global leader and innovator of leading-edge performance Wi-Fi solutions, today announced preliminary unaudited financial results for the third quarter ended October 1, 2017.
We are pleased to report record third quarter results, demonstrating annual revenue growth of 47%, record GAAP EPS of $0.07 and record non-GAAP EPS of $0.14. We experienced growing customer adoption of our newer Wave 3 10G products combined with strong shipment levels of our core Wave 2 offerings and legacy 802.11n products, remarked Dr. Sam Heidari, Chairman and Chief Executive Officer.
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