Applied Micro Circuits (AMCC) Tops Q4 EPS by 2c

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Go back to Applied Micro Circuits (AMCC) Tops Q4 EPS by 2c

Applied Micro Circuits Corporation Reports Fourth Quarter Fiscal 2015 Financial Results

April 28, 2015 4:16 PM EDT

SUNNYVALE, Calif., April 28, 2015 (GLOBE NEWSWIRE) -- Applied Micro Circuits Corporation (Nasdaq: AMCC) ("AppliedMicro") today reported its financial results for the fiscal fourth quarter and full year ended March 31, 2015.

Fiscal Q4 2015 Financial Information

Consolidated net revenue of $37.0 million GAAP net loss of $15.1 million or $0.19 per share Non-GAAP net loss of $5.8 million or $0.07 per share Total cash, cash equivalents and short-term investments of approximately $75.4 million as of March 31, 2015

Commenting on AppliedMicro's fourth quarter and fiscal 2015 full year operations, Dr. Paramesh Gopi, President and Chief Executive... More