Aquantia Announces First Quarter 2018 Results
AQUANITA CORP (AQ)
NASDAQ:AMEX Investor Relations:
investors.aquantia.com
Company Research
Source: Business Wire
Q1 2018 Revenue up 20 percent from Q1 2017 SAN JOSE, Calif.--(BUSINESS WIRE)-- Aquantia Corp., (NYSE: AQ), a leader in high-speed, Multi-Gigabit Ethernet connectivity solutions, today announced financial results for its first quarter ended March 31, 2018. First Quarter 2018 Highlights: Revenue for the three months ended March 31, 2018 of $28.4 million, an increase of 2 percent sequentially and 20 percent year-over-year; Revenue by market for the three months ended March 31, 2018: Data Center revenue of $16.3 million, Enterprise Infrastructure revenue of $9.5 million, Access revenue of $2.5 million, and Automotive revenue of $47 thousand; Gross margin of 57 percent for the three months ended March 31, 2018, compared to 58 percent for the three months ended December 31, 2017; Operating loss of $1.7 million for the three months ende
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