Inphi Corp (IPHI.N) Key Developments | Reuters.com
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Inphi Corp (IPHI.N)

IPHI.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Inphi to sell memory business to Rambus for $90 mln
8:00am EDT 

Inphi Corp : Inphi announces sale of memory business to Rambus for $90 million . Deal for $90 million in cash inclusive of a 12.5 percent escrow .In 2016, expect a neutral to slightly accretive impact to earnings per share.  Full Article

Rambus to acquire memory interconnect business from Inphi
8:00am EDT 

Rambus Inc : Rambus to acquire memory interconnect business from Inphi .Says to purchase memory interconnect business from Inphi corporation for $90 million in cash.  Full Article

Inphi Corp gives Q2 2016 guidance
Thursday, 28 Apr 2016 04:05pm EDT 

Inphi Corp:Revenue is expected to be up 2.8% to 5.8% sequentially in Q2 2016, a range of $68.4 million to $70.4 million.Sees Q2 2016 GAAP results are expected to be in a range between a net loss of $0.1 million to net income of $ 0.8 million, or $0.0 - $0.02 per diluted share.Sees Q2 2016 Non-GAAP net income, excluding stock-based compensation expense and expenses related to the Cortina acquisition, is expected to be in the range of $11.9 million to $12.8 million, or $0.27 - $0.29 per diluted share.  Full Article

Inphi Corporation Prices Offering of $200.0 Million of Convertible Senior Notes
Thursday, 3 Dec 2015 07:00am EST 

Inphi Corporation:priced $200.0 million aggregate principal amount of 1.125% convertible senior notes due 2020 in a private placement to qualified institutional buyers.size of the offering was increased from the previously announced $150.0 million aggregate principal amount.Inphi granted the initial purchasers of the notes a 13-day option to purchase up to an additional $30.0 million aggregate principal amount of notes on the same terms and conditions.sale of the notes is scheduled to close on December 8, 2015, subject to satisfaction of customary closing conditions.  Full Article

Inphi Corp says offering of $150 mln of convertible senior notes
Tuesday, 1 Dec 2015 04:15pm EST 

Inphi Corp:Announces proposed offering of $150.0 million of convertible senior notes.Intends to use a portion of the net proceeds from the offering of the notes to pay the cost of certain capped call transactions.  Full Article

Inphi Corp gives Q4 2015 guidance in line with analysts' estimates
Tuesday, 27 Oct 2015 04:05pm EDT 

Inphi Corp:Says Q4 2015 revenues are expected to be up 1.5% to 4.7% sequentially in Q4 2015, or in a range of $63.3 million to $65.3 million.Says Q4 2015 GAAP results are expected to be a net loss in a range between $0.5 million to $1.3 million, or ($0.01) - ($0.03) per diluted share.Says Q4 2015 Non-GAAP net income, excluding stock-based compensation expense and expenses related to the Cortina acquisition, is expected to be in the range of $10.6 million to $11.4 million, or $0.25 - $0.27 per diluted share.Q4 2015 revenue of $63.5 million, net income of $10.5 million and EPS of $0.25 - Thomson Reuters I/B/E/S.  Full Article

Inphi Corp gives Q3 2015 outlook in line with analysts' estimates
Tuesday, 28 Jul 2015 04:05pm EDT 

Inphi Corp:Expects Q3 2015 revenues to be down 3% to up 5% sequentially, or in a range of $59.0 to $63.6 million.Expects Q3 2015 GAAP results to be a net loss in a range between $0.83 to $2.5 mln, or ($0.02) - ($0.06) per diluted share.Expects Q3 2015 non-GAAP net income to be in the range of $9.1 to $10.7 mln, or $0.22 - $0.26 per diluted share.Q3 2015 revenue of $62.8 million, net income of $10.3 million and EPS of $0.25 - Thomson Reuters I/B/E/S.  Full Article

Inphi Corp gives Q2 2015 guidance in line with analysts' estimates
Tuesday, 28 Apr 2015 04:05pm EDT 

Inphi Corp:Expects Q2 2015 revenues to be flat to up 2pct sequentially, resulting in a range of $59.6 million to $60.8 million.Says Q2 2015 GAAP results are expected to be in a range between a net loss of $1.0 million to $1.8 million, or ($0.03) - ($0.05) per diluted share.Says Q2 2015 Non-GAAP net income, excluding stock-based compensation expense, is expected to be in the range of $8.9 million to $9.7 million, or $0.22 - $0.24 per diluted share.Q2 2015 revenue of $60.6 million, net income of $9.4 million and EPS of $0.23 - Thomson Reuters I/B/E/S.  Full Article

Inphi Corp gives Q1 2015 guidance in line with analysts' estimates
Monday, 9 Feb 2015 04:15pm EST 

Inphi Corp:Expects Q1 2015 revenues to be flat to up 2pct sequentially, resulting in a range of $58.6 million to $59.8 million.Expects Q1 2015 GAAP results to be a net loss in a range between $4.8 million to $5.7 million, or ($0.13) - ($0.15) per share.Expects Q1 2015 Non-GAAP net income, excluding stock-based compensation expense, to be in the range of $8.4 million to $9.4 million, or $0.21 - $0.23 per diluted share.Q1 2015 revenue of $59.5 million, net income of $8.5 million and EPS of $0.22 - Thomson Reuters I/B/E/S.  Full Article

Inphi Corp gives Q4 2014 guidance in line with analysts' estimates
Tuesday, 28 Oct 2014 04:15pm EDT 

Inphi Corp:Expects Q4 2014 revenue to be up in the range of $57.6 to $59.6 million.Q4 2014 non-GAAP net income, excluding stock-based compensation expense and other acquisition/transition related expenses, is expected to be in the range of $7.3 to $8.3 million, or $0.19-$0.21 per diluted share.Q4 2014 revenue of $57.6 million, net income of $7.7 million and EPS of $0.19 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Inphi to sell memory business to Rambus for $90 mln

* Inphi announces sale of memory business to Rambus for $90 million