Cavium reported Q2 revenue of $74.2 million, a 6.7% sequential increase from the $69.5 million reported in the first quarter of 2013 and a 34.2% year-over-year increase from the $55.3 million reported in the second quarter of 2012.
Net loss (GAAP) was $4.3 million, or $(0.08) per diluted share compared to $3.2 million, or $(0.06) per diluted share in the first quarter of 2013. Gross margins were 58.3% in the second quarter of 2013 compared to 62.4% in the first quarter of 2013. Total cash and cash equivalents were $97.6 million at June 30, 2013.
