PMC - Sierra (PMCS) Tops Q3 EPS by 2c
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PMC Reports Third Quarter 2015 Results
October 26, 2015 4:05 PM EDTSUNNYVALE, Calif.--(BUSINESS WIRE)-- PMC-Sierra, Inc. (PMC®) (Nasdaq: PMCS), the semiconductor and software solutions innovator transforming networks that connect, move and store big data, today reported results for the third quarter ended September 26, 2015.
Net revenues in the third quarter of 2015 totaled $133.6 million, an increase of 7.1 percent compared to $124.8 million in the second quarter of 2015, and a decrease of 1.4 percent from $135.5 million in the third quarter of 2014.
GAAP net income in the third quarter of 2015 totaled $6.7 million or $0.03 per diluted share, compared to GAAP net loss in the... More
