Inphi Corp. (IPHI) Is Rising On Q2 Results

Inphi Corp. (IPHI) reported second quarter non-GAAP EPS of $0.15 after the bell Tuesday, down from $0.35 in the previous year. The consensus estimate was for EPS of $0.13. Third quarter non-GAAP EPS is expected to be between $0.28 and $0.30. Street expectations are for EPS of $0.28. The stock is now up 1.27 on 52K shares.

Inphi traded in a range for the majority of Tuesday’s session and closed down by 0.11 at $34.23.

by RTTNews Staff Writer

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