Adesto Technologies Corporation (IOTS) Tops Q3 EPS by 3c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Adesto Technologies Reports Third Quarter 2017 Financial Results
November 8, 2017 4:06 PM ESTSANTA CLARA, Calif., Nov. 08, 2017 (GLOBE NEWSWIRE) -- Adesto Technologies Corporation (NASDAQ: IOTS), a leading provider of application-specific, ultra-low power and smart non-volatile memory products, today announced financial results for its third quarter ended September 30, 2017.
Third Quarter Highlights:
Revenue was a record $15.2 million, increasing 36.3% from the third quarter of 2016 and 13.6% from the second quarter of 2017; GAAP gross margin was 49.0%, compared to 48.1% in the prior year quarter and 50.1% last quarter;GAAP operating expenses were $8.3 million, and non-GAAP operating expenses were $6.9 million, a $0.8... More