Inphi (IPHI) Set to Announce Quarterly Earnings on Tuesday
Inphi (NASDAQ:IPHI) is scheduled to be announcing its earnings results on Tuesday, April 29th. Inphi has set its Q1 guidance at ($0.03)-$0.00 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.
Inphi (NASDAQ:IPHI) last posted its quarterly earnings results on Monday, February 3rd. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.03. The company had revenue of $29.10 million for the quarter, compared to the consensus estimate of $28.80 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue for the quarter was up 27.1% on a year-over-year basis. On average, analysts expect Inphi to post $0.39 EPS for the current fiscal year and $0.64 EPS for the next fiscal year.
Inphi (NASDAQ:IPHI) opened at 14.57 on Monday. Inphi has a 52-week low of $8.89 and a 52-week high of $16.56. The stock has a 50-day moving average of $15.51 and a 200-day moving average of $13.41. The company’s market cap is $448.9 million.
IPHI has been the subject of a number of recent research reports. Analysts at CRT Capital initiated coverage on shares of Inphi in a research note on Monday, April 7th. They set a “buy” rating and a $23.00 price target on the stock. On a related note, analysts at Stifel Nicolaus upgraded shares of Inphi from a “hold” rating to a “buy” rating in a research note on Thursday, March 20th. They now have a $21.00 price target on the stock. Finally, analysts at Zacks upgraded shares of Inphi from an “underperform” rating to a “neutral” rating in a research note on Friday, March 7th. They now have a $15.50 price target on the stock. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $16.81.
Inphi Corporation (NASDAQ:IPHI) is a provider of high-speed analog semiconductor solutions for the communications and computing markets.
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