Applied Micro Circuits (AMCC) Reports In-Line Q2 EPS

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Go back to Applied Micro Circuits (AMCC) Reports In-Line Q2 EPS

Applied Micro Circuits Corporation Reports Second Quarter Fiscal 2016 Financial Results

November 2, 2015 4:05 PM EST

SANTA CLARA, Calif., Nov. 2, 2015 (GLOBE NEWSWIRE) -- Applied Micro Circuits Corporation (Nasdaq: AMCC) ("AppliedMicro") today reported its financial results for the fiscal 2016 second quarter ended September 30, 2015.

Fiscal Q2 2016 Financial Information

Consolidated net revenue of $39.7 million, representing the third sequential quarter of revenue growth GAAP net loss of $8.1 million or $0.10 per share Non-GAAP net loss narrows to $2.4 million or $0.03 per share, representing the third consecutive quarter of improvement Total cash, cash equivalents and short-term investments of approximately $75.5 million as of September 30, 2015

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