Intermolecular Reports First Quarter 2019 Financial Results
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Intermolecular (IMI) Reports In-Line Q1 EPS
May 14, 2019 4:17 PM EDTIntermolecular (NASDAQ: IMI) reported Q1 EPS of ($0.05), in-line with the analyst estimate of ($0.05). Revenue for the quarter came in at $6.39 million versus the consensus estimate of $6.3 million.
Program revenue totaled $6.4 million or 96% of total revenue of $6.7 million.Gross profit totaled $4.8 million or 73% of total revenue.Adjusted EBITDA loss totaled $(1.3) million.Net loss totaled $(2.3) million.First Quarter of 2019 Financial ResultsRevenue for the first quarter of 2019 was $6.7 million, an increase of 5% from $6.3 million in the fourth quarter of 2018, and a decrease of 31% from... More
