Inphi Management Holds Virtual Fireside Chat with Stifel Financial Corp.
March 27 2020 - 8:00AM
Inphi Corporation (NYSE: IPHI), a leader in high-speed data
movement interconnects, participated in a virtual fireside chat on
March 26, 2020 with Stifel Financial Corp. to discuss general
business conditions. Ford Tamer, President and CEO, John Edmunds,
CFO and Vernon Essi, Jr, Senior Director of IR and Corporate
Development, were hosted by Stifel Financial Corp.’s Tore Svanberg.
During this discussion, we provided our view on the current
business environment in which the Company operates, as well as the
impacts of COVID-19 on the Company’s business.
An audio replay of the virtual fireside chat
will be available for thirty days on Inphi’s website at
https://www.inphi.com/investors/.
About InphiInphi Corporation is
a leader in high-speed data movement. We move big data - fast,
throughout the globe, between data centers, and inside data
centers. Inphi's expertise in signal integrity results in reliable
data delivery, at high speeds, over a variety of distances. As data
volumes ramp exponentially due to video streaming, social media,
cloud-based services, and wireless infrastructure, the need for
speed has never been greater. That's where we come in. Customers
rely on Inphi's solutions to develop and build out the Service
Provider and Cloud infrastructures, and data centers of tomorrow.
To learn more about Inphi, visit www.inphi.com.
Cautionary Note Concerning
Forward-Looking StatementsThese forward-looking statements
may be identified by terms such as outlook, believe, expect, may,
will, provide, continue, could, and should, and the negative of
these terms or other similar expressions. These statements include
statements relating to: the Company’s business outlook and current
expectations for 2020, including with respect to the first quarter
of 2020, revenue, operating performance, and capital structure; the
Company’s expectations regarding growth opportunities, the impacts
on the Company’s business of COVID-19, success of our growth
strategy, strength of the cloud market, increasing demand in Q1
2020, growth inside data centers, customer relationships, our
competitive positioning and the Company’s expectations regarding
the benefits of the eSilicon acquisition. These statements are
based on current expectations and assumptions that are subject to
risks and uncertainties. Actual results could differ materially
from those anticipated as a result of various factors, including:
the Company’s ability to sustain profitable operations due to its
history of losses and accumulated deficit; dependence on a limited
number of customers for a substantial portion of revenue and lack
of long-term purchase commitments from our customers; product
defects; risk related to intellectual property matters, lengthy
sales cycle and competitive selection process; lengthy and
expensive qualification processes; ability to develop new or
enhanced products in a timely manner; development of target
markets; market demand for the Company’s products; reliance on
third parties to manufacture, assemble and test products; ability
to compete; the ability to effectively integrate eSilicon and other
risks inherent in fabless semiconductor businesses. In addition,
actual results could differ materially due to changes in tax rates
or tax benefits available, changes in demand, changes in government
regulation, changes in claims that may or may not be asserted, as
well as changes in pending litigation. For a discussion of these
and other related risks, please refer to Inphi Corporation’s recent
SEC filings, including its Annual Report on Form 10-K for the year
ended December 31, 2019, which are available on the SEC’s website
at www.sec.gov. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the
date thereof. Inphi Corporation undertakes no obligation to update
forward-looking statements for any reason, except as required by
law, even as new information becomes available or other events
occur in the future.
Inphi, the Inphi logo and Think fast are
registered trademarks of Inphi Corporation. All other trademarks
used herein are the property of their respective owners.
Investor Contact:
Vernon P. Essi, Jr.
408-606-6524
vessi@inphi.com
Corporate Contact:
Kim Markle
408-217-7329
kmarkle@inphi.com
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