Scalper1 News
Inphi (IPHI) stock gapped up Wednesday on Wall Street after the chipmaker reported Q3 earnings that, for the eighth consecutive quarter, more than doubled year over year. And at least one analyst now sees Inphi as a potential M&A target. For its fiscal Q3 ended Sept. 30, Inphi reported 25 cents earnings per share ex items, up 108% year over year, and above the consensus which modeled 24 cents. Three months ago, Inphi guided to between 22 cents and Scalper1 News
Scalper1 News