Inphi Corporation Announces Second Quarter 2018 Results
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Inphi Corp. (IPHI) PT Raised to $40 at Needham & Company
July 25, 2018 8:57 AM EDTNeedham & Company raised its price target on Inphi Corp. (NYSE: IPHI) to $40.00 (from $35.00) while maintaining a Buy rating.
Analyst N. Quinn Bolton commented, "IPHI reported in-line 2Q18 revenue with a slight NG EPS beat and provided 3Q18 guidance that met expectations. A... More
Inphi Corp. (IPHI) PT Raised to $40 at Deutsche Bank Following Solid 2Q
July 25, 2018 7:56 AM EDTDeutsche Bank raised its price target on Inphi Corp. (NYSE: IPHI) to $40.00 (from $37.00) while maintaining a Buy rating following the company's 2Q earnings report. IPHI delivered 2Q revenues of $70m, slightly above the Street at $69m and largely driven by a... More
Inphi Corp. (IPHI) Tops Q2 EPS by 2c, Revenues Beat; Offers 3Q EPS Outlook
July 24, 2018 4:12 PM EDTInphi Corp. (NYSE: IPHI) reported Q2 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $69.8 million versus the consensus estimate of $69.27 million.
Our 16% sequential increase in revenue in Q2 demonstrates the recovery of our core long haul and metro business, said Ford Tamer, President and CEO of Inphi. In addition, going from a non-GAAP net operating loss in Q1, to over 10% operating profit in Q2 shows our... More
