Cavium posted Q2 sales of $55.3 million, a 4.8% sequential increase from the $52.7 million reported in the first quarter of 2012. Net loss (GAAP) was $11.8 million, or $(0.24) per diluted share, compared to $13.8 million, or $(0.28) per diluted share in the first quarter of 2012. Gross margins were 55.2% in the second quarter of 2012 compared to 46.9% in the first quarter of 2012. Total cash and cash equivalents were $61.4 million at June 30, 2012.
http://www.cavium.com 01-Aug-12
Cavium Posts Q2 Sales of $55 Million, up 4% Sequentially
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From the Graveyard
You just read about Cavium. One of the companies whose work it now carries:
QLogic built Fibre Channel adapters and storage networking silicon. What became of it?
QLogic brought Fibre Channel adapters and storage networking silicon to Semiconductor. That work was distinctive enough to lead to its acquisition by Cavium for US$1.36B. The standalone name now passes into the archive — but the team and technology continue inside Cavium today. One of 430 names here whose work outlived the company.
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