Montage Technology Group (MONT) Tops Q1 EPS by 1c

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Go back to Montage Technology Group (MONT) Tops Q1 EPS by 1c

Montage Technology Reports First Quarter 2014 Financial Results

May 6, 2014 6:30 AM EDT

SHANGHAI, China, May 6, 2014 (GLOBE NEWSWIRE) -- Montage Technology Group Limited (Nasdaq: MONT) ("Montage Technology" and "Montage"), a global fabless provider of analog and mixed-signal semiconductor solutions addressing the home entertainment and cloud computing markets, today announced financial results for the first quarter ended March 31, 2014.

First Quarter 2014 Highlights:

Attained revenue of $35.6 million, an increase of 77.2 percent year-over-year; Increased memory interface product revenue by 68.7 percent over the fourth quarter; Reported gross margin of 63.9 percent, compared to 62.4 percent last quarter; Reported operating margin of 22.4 percent, and on an adjusted basis,... More