Applied Micro Circuits (AMCC) Tops Q1 EPS by 1c

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Go back to Applied Micro Circuits (AMCC) Tops Q1 EPS by 1c

Applied Micro Circuits Corporation Reports First Quarter Fiscal 2016 Financial Results

July 30, 2015 4:06 PM EDT

SANTA CLARA, Calif., July 30, 2015 (GLOBE NEWSWIRE) -- Applied Micro Circuits Corporation (Nasdaq: AMCC) ("AppliedMicro") today reported its financial results for the fiscal 2016 first quarter ended June 30, 2015.

Fiscal Q1 2016 Financial Information

Consolidated net revenue of $37.8 million GAAP net loss of $7.4 million or $0.09 per share Non-GAAP net loss of $3.3 million or $0.04 per share Total cash, cash equivalents and short-term investments of approximately $76.6 million as of June 30, 2015

Commenting on AppliedMicro's fiscal 2016 first quarter operations, Dr. Paramesh Gopi, President and Chief Executive Officer, said, "During our first... More

AppliedMicro Continues to Drive 64-bit ARM in Embedded Applications With Release of the HeliX(TM) 2 Development Kit

July 29, 2015 8:01 AM EDT

SANTA CLARA, Calif., July 29, 2015 (GLOBE NEWSWIRE) -- Applied Micro Circuits Corporation (Nasdaq: AMCC), a global leader in computing and connectivity solutions, today announced the availability of the HeliX 2 Development Kit to support AppliedMicro's HeliX 2 family of 64-bit multi-core processors.

The HeliX 2 Development Kit provides a powerful, user friendly platform to support the design of embedded solutions for a broad range of markets which include networking, storage, industrial, telecommunications and web scale... More