PMC-Sierra, Inc. (PMCS) Tops Q3 EPS by 1c

PMC-Sierra, Inc. (NASDAQ: PMCS) reported Q3 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $135.5 million versus the consensus estimate of $133.7 million.

“Our Storage business performed exceedingly well this past quarter with double-digit growth across all of its product lines,” said PMC president and chief executive officer, Greg Lang. “PMC remains well-positioned for continued growth into FY2015, as we expect to see increasing demand for our 12Gb/s SAS I/O controllers and expanders, advanced DIGI OTN processors, Flashtec™ NVMe controllers and our new RF Remote Radio Head products.”

For earnings history and earnings-related data on PMC-Sierra, Inc. (PMCS) click here.

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