Thursday, October 21, 2010

Inphi Reports Q3 Results

Inphi Corp., the maker of high-speed analog semiconductors, has updated its S-1, to reflect the firm's Q3 financials, saying that it had had net income of $3.58M on total revenues of $21.8M for its quarter ended September 30, 2010. That compared with net income of $3.85M on revenues of $18.37M for the same quarter last year. Inphi--which has major operations in Westlake Village, but has its headquarters in Santa Clara--is in the midst of an IPO effort, which is being underwritten by Morgan Stanley, Deutsche Bank Securities, Jeffries & Company, Stifel Nicolaus Weisel, and Needham & Company. The firm has applied to list on the New York Stock Exchange as IPHI. Inphi filed for an IPO in June.