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IDT Reports Q1 Fiscal Year 2017 Financial Results

Date published: 
1 Aug 2016

Integrated Device Technology, Inc. (IDT®) (IDTI) today announced results for the fiscal first quarter 2017, ended July 3, 2016.

“First quarter fiscal 2017 revenue increased by over 19 percent year-over-year, driven by broad strength across our consumer, communications, automotive and industrial end markets. On a sequential basis, growth was driven by consumer timing, wireless charging and mobile sensing products,” said Greg Waters, president and chief executive officer.