Inphi Corp. (IPHI) Tops Q1 EPS by 5c
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Inphi Corporation Announces Q1 2019 Results
April 30, 2019 4:08 PM EDTSANTA CLARA, Calif., April 30, 2019 (GLOBE NEWSWIRE) -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, today announced financial results for its first quarter ended March 31, 2019.
GAAP Results
Revenue in the first quarter of 2019 was $82.2 million on a U.S. generally accepted accounting principles (GAAP) basis, up 36.7% year-over-year, compared with $60.1 million in the first quarter of 2018. Â The increase was due to higher demand for both telecom and datacenter products.
Gross margin under GAAP in the first quarter of 2019 was 57.9%, compared with 54.1% in the first quarter of... More
