Applied Micro Circuits (AMCC) Tops Q2 EPS by 8c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Applied Micro Circuits Corporation Reports Second Quarter Fiscal 2015 Financial Results
October 28, 2014 4:05 PM EDTSUNNYVALE, Calif., Oct. 28, 2014 (GLOBE NEWSWIRE) -- Applied Micro Circuits Corporation (Nasdaq: AMCC) ("AppliedMicro") today reported its financial results for the second quarter of fiscal 2015, ended September 30, 2014.
Consolidated net revenue of $40.9 million GAAP net loss of $11.7 million or $0.15 per share Non-GAAP net loss of $5.0 million or $0.06 per shareCommenting on AppliedMicro's second quarter operations, Dr. Paramesh Gopi, President and Chief Executive Officer, said, "Following a very robust June quarter, our Connectivity business was impacted by weak service provider order patterns. We view this difficult environment as transitory."... More
