Aquantia Corp (AQ) Misses Q4 EPS by 10c

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Go back to Aquantia Corp (AQ) Misses Q4 EPS by 10c

Aquantia Announces Fourth Quarter and Full Year 2018 Results

February 12, 2019 4:05 PM EST

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 fourth quarter and full year ended December 31, 2018.

Fourth Quarter 2018 Highlights:

Revenue for the three months ended December 31, 2018 of $29.1 million, a decrease of 12 percent sequentially and an increase of 5 percent year-over-year; Revenue by market for the three months ended December 31, 2018: Data Center revenue of $14.7 million, Enterprise Infrastructure revenue of $9.0 million, Access revenue of $5.4 million, and Automotive revenue of $113 thousand;... More