Atmel Reports Second Quarter 2015 Financial Results

(PRNewswire) —  Atmel® Corporation (Nasdaq: ATML), a leader in microcontroller and touch solutions, today announced financial results for its second quarter ended June 30, 2015. 


GAAP


Non-GAAP


Q2 2015

Q1 2015

Q2 2014


Q2 2015

Q1 2015

Q2 2014

Net revenue

$         306.4

$    318.3

$    355.5


$        306.3

$     316.9

$     355.5

Gross margin

46.1%

46.3%

45.4%


47.0%

47.6%

45.3%

Operating margin

4.8%

6.5%

7.4%


11.6%

13.6%

11.5%

Net income

$             6.3

$       16.5

$       19.2


$          33.7

$       45.1

$       38.3

Diluted EPS

$           0.02

$       0.04

$       0.05


$          0.08

$       0.11

$       0.09


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

Revenue for the second quarter of 2015 was $306.4 million, a 4% decrease compared to $318.3 million for the first quarter of 2015, and 14% lower compared to $355.5 million for the second quarter of 2014.  Non-GAAP revenue for the second quarter of 2015 was $306.3 million.

GAAP gross margin was 46.1% in the second quarter of 2015 compared with 46.3% in the first quarter of 2015, and 45.4% in the second quarter of 2014.

Non-GAAP gross margin was 47.0% in the second quarter of 2015 compared to 47.6% in the immediately preceding quarter and 45.3% in the second quarter of 2014.  Refer to the non-GAAP reconciliation table included in this release for more details.

GAAP net income totaled $6.3 million or $0.02 per diluted share for the second quarter of 2015.  This compares to net income of $16.5 million or $0.04 per diluted share for the first quarter of 2015 and net income of $19.2 million or $0.05 per diluted share for the second quarter of 2014.  

Non-GAAP net income for the second quarter of 2015 totaled $33.7 million or $0.08 per diluted share, compared to non-GAAP net income of $45.1 million or $0.11 per diluted share in the first quarter of 2015, and $38.3 million or $0.09 per diluted share for the second quarter of 2014. Refer to the non-GAAP reconciliation table included in this release for more details.

1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
CST: Webinar October 19, 2017

Aldec

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
DVCon Europe 2017: Munich and So much more
More Editorial  
Jobs
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
Analog Hardware Engineer for Teradyne Inc at San Jose, CA
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Senior R&D Engineer...Timing Closure Specialist for EDA Careers at San Jose or Anywhere, CA
Field Application Engineer for Teradyne Inc at San Jose, CA
FPGA Engineer for Teradyne Inc at San Jose, CA
Upcoming Events
Preparing for the Cognitive Era: Education, Occupation and You at SJSU Student Union Theater 211 South 9th Street San Jose CA - Oct 18, 2017
11th International Symposium on Networks-on-Chip (NOCS 2017) at Seoul Korea (South) - Oct 19 - 20, 2017
15th IEEE/ACM ESTIMedia 2017 at Seoul Korea (South) - Oct 19 - 20, 2017
ESTIMedia 2017 at Seoul Korea (South) - Oct 19 - 20, 2017
CST: Webinar series



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise