Aquantia Announces Fourth Quarter and Full Year 2018 Results
AQUANITA CORP (AQ)
NASDAQ:AMEX Investor Relations:
investors.aquantia.com
Company Research
Source: Business Wire
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 fourth quarter and full year ended December 31, 2018. Fourth Quarter 2018 Highlights: Revenue for the three months ended December 31, 2018 of $29.1 million, a decrease of 12 percent sequentially and an increase of 5 percent year-over-year; Revenue by market for the three months ended December 31, 2018: Data Center revenue of $14.7 million, Enterprise Infrastructure revenue of $9.0 million, Access revenue of $5.4 million, and Automotive revenue of $113 thousand; Gross margin of 54 percent for the three months ended December 31, 2018, compared to 58 percent for the three months ended September 30, 2018; Operating loss of $5.3 million for the three months en
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