TriQuint Announces Third Quarter 2014 Results

Our earnings release contains forward looking estimates of non-GAAP gross margin and earnings per share for the fourth quarter of 2014. We provide these non-GAAP measures on a prospective basis for the same reasons that we provide them to investors on a historical basis. The following table provides a reconciliation of GAAP gross margin and loss per share to non-GAAP gross margin and earnings per share anticipated for the fourth quarter based on the mid-point of guidance.

 
Forward Looking Q4 GAAP Gross Margin 46.0 %
  Adjustment for stock based compensation charges 0.5 %
Adjustment for charges associated with acquisitions 0.5 %
Forward Looking Q4 non-GAAP Gross Margin 47.0 %
 
Forward Looking Q4 GAAP Net Earnings per Share $ 0.14
Adjustment for stock based compensation charges 0.04
Adjustment for non-cash tax expense 0.06
Adjustment for charges associated with acquisitions 0.19  
Forward Looking Q4 non-GAAP Net Earnings per Share $ 0.43
 

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