Inphi reports EPS in-line, misses on revs; guides Q4 EPS above consensus, revs below consensus (10.54 +0.46)
Reports Q3 (Sep) earnings of $0.01 per share, in-line with the Capital IQ Consensus Estimate consensus of $0.01; revenues fell 24.7% year/year to $16.5 mln vs the $16.8 mln consensus. Co issues mixed guidance for Q4, sees EPS of $(0.01)-$0.02, excluding non-recurring items, vs. ($0.03) Capital IQ Consensus Estimate; sees Q4 revs of $15.5-17.5 mln vs. $18.06 mln Capital IQ Consensus Estimate. “We expect our iMB and RDIMM products to benefit from strong demand for next-generation computing platforms in early 2012. In addition, now that our new 100GbE iPHY CMOS solutions are sampling, we are working hard to translate the high degree of interest into additional design wins in both the networking and data center markets. We believe strongly in our growth opportunities for 2012 and beyond.”
