Intermolecular (IMI) Tops Q3 EPS by 3c

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Go back to Intermolecular (IMI) Tops Q3 EPS by 3c

Intermolecular Reports Third Quarter and Nine Month 2018 Financial Results

November 6, 2018 4:15 PM EST

SAN JOSE, Calif., Nov. 6, 2018 /PRNewswire/ -- Intermolecular, Inc. (Nasdaq: IMI), the trusted partner for advanced materials innovation, today reported results for the third quarter and nine months ended September 30, 2018.

Q3 2018 Financial and Operational Highlights

Revenue of $7.9 million, which exceeded the company's guidance. Program revenue increased 7% year-over-year to $7.4 million. Adjusted EBITDA totaled $0.5 million, which exceeded the company's guidance and marked the company's fifth consecutive quarter of positive adjusted EBITDA. Net loss totaled $(0.7) million, an improvement from net loss of $(1.8)... More