Inphi Corporation (NYSE:IPHI) will post its quarterly earnings results after the market closes on Tuesday, October 31st. Analysts expect Inphi Corporation to post earnings of $0.08 per share for the quarter. Inphi Corporation has set its Q3 guidance at $0.33-$0.37 EPS.

Inphi Corporation (NYSE:IPHI) last issued its quarterly earnings data on Monday, August 7th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.03. The firm had revenue of $84.40 million during the quarter, compared to the consensus estimate of $84.00 million. Inphi Corporation had a net margin of 21.98% and a return on equity of 9.77%. The business’s revenue for the quarter was up 39.5% compared to the same quarter last year. During the same period last year, the business posted $0.32 earnings per share. On average, analysts expect Inphi Corporation to post $0.52 EPS for the current fiscal year and $1.06 EPS for the next fiscal year.

Shares of Inphi Corporation (NYSE IPHI) traded up 2.190% during midday trading on Tuesday, reaching $38.965. 401,181 shares of the company’s stock traded hands. The firm has a market cap of $1.65 billion, a PE ratio of 23.290 and a beta of 1.19. Inphi Corporation has a 12 month low of $33.00 and a 12 month high of $51.78. The stock has a 50-day moving average price of $38.41 and a 200 day moving average price of $38.55.

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IPHI has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Inphi Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Rosenblatt Securities reiterated a “buy” rating and issued a $41.00 target price on shares of Inphi Corporation in a research note on Wednesday, June 28th. BidaskClub cut shares of Inphi Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Deutsche Bank AG dropped their target price on shares of Inphi Corporation from $46.00 to $45.00 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. Finally, Morgan Stanley dropped their target price on shares of Inphi Corporation from $48.00 to $44.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $43.46.

Inphi Corporation Company Profile

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment and datacenters.

Earnings History for Inphi Corporation (NYSE:IPHI)

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