Wednesday, July 30, 2014

Cavium Reports Q2 Revenue of $91 Million, up 22% YoY

Cavium posted Q2 revenue of $90.7 million, an 8.9% sequential increase from the $83.2 million reported in the first quarter of 2014 and a 22.2% year-over-year increase from the $74.2 million reported in the second quarter of 2013.

Net loss (GAAP) was $11.0 million, or $(0.21) per diluted share, compared to net income attributable to the company of $2.3 million, or $0.04 per diluted share in the first quarter of 2014. Gross margins were 62.6%.

http://www.cavium.com/newsevents-Cavium-Announces-Financial-Results-for-Q2-2014.html

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