Inphi Corp. (IPHI) Tops Q4 EPS by 3c; Provides Q1 EPS/Revenue Outlook
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Inphi Corporation Announces Fourth Quarter and Year Ended 2018 Results
January 29, 2019 4:05 PM ESTSANTA CLARA, Calif., Jan. 29, 2019 (GLOBE NEWSWIRE) -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, today announced financial results for its fourth quarter and fiscal year ended Dec. 31, 2018.
GAAP Results
Revenue in the fourth quarter of 2018 was $86.5 million on a U.S. generally accepted accounting principles (GAAP) basis, slightly up year-over-year, compared with $85.7 million in the fourth quarter of 2017 and up substantially from the third quarter of 2018, resulting in a 10.9% sequential quarterly revenue growth. Â The year over year increase was due to higher demand for data... More
