Interphase Corp (INPH) Reports Q2 Loss of $0.15

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Interphase Announces Second Quarter 2015 Financial Results

August 6, 2015 4:30 PM EDT

CARROLLTON, Texas--(BUSINESS WIRE)-- Interphase Corporation (NASDAQ: INPH), a diversified information and communications technology company, today reported financial results for its second quarter ended June 30, 2015.

Revenues for the second quarter of 2015 were $2.0 million, a decrease of 38% when compared to revenues from the second quarter of 2014 of $3.3 million. Revenues in the quarter were primarily derived from communications networking product revenues, which decreased 17% to $1.5 million in the second quarter of 2015 compared to $1.8 million for the second quarter of 2014. In addition, services revenues decreased 67% to $464,000 in the second quarter of 2015 compared to $1.4 million in the... More