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Inphi revenue drops but earnings beat analyst estimates

By   /   Tuesday, July 24th, 2018  /   Comments Off on Inphi revenue drops but earnings beat analyst estimates

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Westlake Village semiconductor company Inphi reported a 17 percent decline in revenue for its second quarter on July 24 and a net loss of $28.5 million, or 65 cents per share. Revenues reached $69.8 million for the quarter ended June 30, compared to $84.4 million in the previous second quarter. Net losses nearly doubled quarter-over-quarter,…

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