Intermolecular (IMI) Tops Q3 EPS by 2c
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Intermolecular Announces Third Quarter 2017 Financial Results
November 2, 2017 4:18 PM EDTSAN JOSE, Calif., Nov. 2, 2017 /PRNewswire/ --Â Intermolecular, Inc. (NASDAQ: IMI) today reported results for its Third Quarter ended September 30, 2017.
Results Highlights:
Positive third quarter adjusted EBITDA on 7% sequential revenue growth Third quarter total revenue of $8.6 million Five new contracts signed during the quarter"We are delighted to report our achievement of positive adjusted EBITDA ahead of schedule," said Chris Kramer, president and CEO of Intermolecular. "Our return to profitability is due to the combination of expanding relationships with existing... More
