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Inphi beats revenue expectations and trims net losses

By   /   Thursday, August 1st, 2019  /   Comments Off on Inphi beats revenue expectations and trims net losses

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Demand for datacenter products drove a huge increase in revenue for Inphi in the second quarter, but the company reported net losses of $20.6 million, or 46 cents per share. Revenue for the semiconductor company with operations in Westlake Villagenwas up 23.6 percent compared to the previous second quarter, totaling $86.3 million, and topping analyst…

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