Aquantia Corp (AQ) Tops Q2 EPS by 2c, Slight Revenue Beat

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Aquantia Announces Second Quarter 2018 Results

July 25, 2018 4:05 PM EDT

Q2 2018 Revenue up 21 percent from Q2 2017

SAN JOSE, Calif.--(BUSINESS WIRE)-- Aquantia Corp., (NYSE: AQ), a leader in high-speed, Multi-Gigabit Ethernet connectivity solutions, today announced financial results for its second quarter ended June 30, 2018.

Second Quarter 2018 Highlights:

Revenue for the three months ended June 30, 2018 of $30.4 million, an increase of 7 percent sequentially and 21 percent year-over-year; Revenue by market for the three months ended June 30, 2018: Data Center revenue of $15.1 million, Enterprise Infrastructure revenue of $11.5 million, Access revenue of $3.6 million, and Automotive revenue... More