Adesto Technologies Corporation (IOTS) Tops Q4 EPS by 1c

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Go back to Adesto Technologies Corporation (IOTS) Tops Q4 EPS by 1c

Adesto Technologies Reports Fourth Quarter and Full Year 2017 Financial Results

February 13, 2018 4:05 PM EST

Fourth Quarter Revenue Grows 31.0% Year-Over-Year with Second Consecutive Quarter of Positive Cash Flow from Operations; Full Year Revenue Up 27.6% over 2016 with Positive EBITDA

SANTA CLARA, Calif., Feb. 13, 2018 (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 fourth quarter and year ended December 31, 2017.

Fourth Quarter Financial Summary:

Revenue was a record $16.2 million, increasing 31.0% from the fourth quarter of 2016 and 6.0% from... More