Intermolecular (IMI) Reports In-Line Q2 EPS
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Intermolecular Reports Second Quarter 2018 Financial Results
August 6, 2018 4:05 PM EDTSAN JOSE, Calif., Aug. 6, 2018 /PRNewswire/ --Â Intermolecular, Inc. (NASDAQ: IMI), the trusted partner for advanced materials innovation, today reported results for its second quarter ended June 30, 2018.
Q2 2018 Financial and Operational Highlights
Revenue was $9.8 million, an increase of 1% sequentially and 21% over the prior year. Program revenue grew 1% sequentially and 45% over the prior year. Net income totaled $0.5 million compared with a net loss of $(2.9) million in the prior year. Total cash and investments increased $4 million from the prior quarter to $31.3 million or $0.63 per... More