GigOptix (GIG) Reports In-Line Q4 EPS
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GigPeak Announces Record Fourth Quarter and Fiscal Year 2016 Preliminary Financial Results
January 17, 2017 9:00 AM ESTContinued strong demand across all served markets driving record financial performance
Record quarterly and fiscal year preliminary financial results Preliminary fourth quarter revenue of approximately $16.2 million, up approximately 46 percent from $11.1 million in the fourth quarter of fiscal 2015 Revenue for fiscal year 2016 to be approximately $58.7 million, up approximately 45 percent from $40.4 million in fiscal year 2015 GAAP and non-GAAP1 gross margin to be approximately 71 percent and 74 percent, respectively, in the fourth quarter. This compares with GAAP and non-GAAP gross margin of 65 percent and 67 percent,... More