Inphi Corp. (IPHI) Tops Q3 EPS by 1c

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Go back to Inphi Corp. (IPHI) Tops Q3 EPS by 1c

Inphi Corporation Announces Third Quarter 2018 Results

November 1, 2018 4:05 PM EDT

Reports 12% quarter over quarter revenue growth

SANTA CLARA, Calif., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, today announced financial results for its third quarter ended September 30, 2018.

GAAP Results

Revenue in the third quarter of 2018 was $78.0 million on a U.S. generally accepted accounting principles (GAAP) basis, down 8% year-over-year, compared with $84.5 million in the third quarter of 2017. The year over year decrease was due to lower demand for long haul and... More