Atmel Reports Third Quarter 2013 Financial Results

(PRNewswire) — Atmel® Corporation (Nasdaq: ATML), a leader in microcontroller and touch solutions, today announced financial results for its third quarter ended September 30, 2013. 


GAAP


Non-GAAP


Q3 2013

Q2 2013

Q3 2012


Q3 2013

Q2 2013

Q3 2012

Net revenue

$

356.3


$

347.8


$

361.0



$

356.3


$

347.8


$

361.0


Gross margin

40.3%


42.5%


43.1



43.1%

%

42.6%


43.7%


Operating margin

3.1%


5.6%


7.6



10.6%

%

7.9%


12.7%


Net income

$

5.4


$

13.0


$

21.6



$

37.7


$

25.3


$

43.0


Diluted EPS

$

0.01


$    0.03


$

0.05



$

0.09


$

0.06


$

0.10


(In millions, except earnings per share data and percentages)

Revenue for the third quarter of 2013 was $356.3 million, a 2% increase compared to $347.8 million for the second quarter of 2013, and 1% lower compared to $361.0 million for the third quarter of 2012. Excluding the Serial Flash divestiture that occurred in September 2012 , third quarter 2013 revenue increased 2% from the third quarter of the prior year.

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