Applied Micro Circuits Corporation Reports Fourth Quarter & Full Year Fiscal 2016 Financial Results

 

                
  APPLIED MICRO CIRCUITS CORPORATION  
  RECONCILIATION OF GAAP NET LOSS TO NON-GAAP NET LOSS  
  (in thousands, except per share data)  
  (unaudited)  
                
      Three Months Ended  Year Ended  
      March 31,  December 31,  March 31,  March 31,  March 31,  
       2016    2015    2015    2016     2015   
                
 GAAP net loss$  (8,907) $  (8,199) $  (15,144) $  (32,571) $  (52,058)  
 Adjustments:           
  Stock-based compensation expense   7,637     6,141     4,002     25,804     18,305   
  Amortization of purchased intangible assets   -     -     -     -     104   
  Veloce acquisition consideration   -     -     2,090     -      9,230      
    Restructuring     (57 )       (29 )       4,098         25         5,421      
    Impairment of strategic investments     -         -         500         -         3,000      
    Reversals of impairment charges upon sales of marketable securities     -         -         (1,176 )       (1,694 )       (1,334 )    
    Income tax effect on non-GAAP adjustments     (84 )       (30 )       (151 )       (761 )       (458 )    
    Total GAAP to non-GAAP adjustments     7,496         6,082         9,363         23,374         34,268      
  Non-GAAP net loss $   (1,411 )   $   (2,117 )   $   (5,781 )   $   (9,197 )   $   (17,790 )    
                               
  Diluted non-GAAP net loss per share $   (0.02 )   $   (0.03 )   $   (0.07 )   $   (0.11 )   $   (0.23 )    
                               
  Shares used in calculating diluted non-GAAP net loss per share      84,127         83,191         80,667         82,668         78,814      
                               
  Diluted net loss per share:                      
    GAAP diluted net loss per share  $   (0.11 )   $   (0.10 )   $   (0.19 )   $   (0.39 )   $   (0.66 )    
    GAAP to non-GAAP adjustments    0.09       0.07       0.12       0.28       0.43      
    Non-GAAP diluted net loss per share $   (0.02 )   $   (0.03 )   $   (0.07 )   $   (0.11 )   $   (0.23 )    
                               

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article

Featured Video
Jobs
ASIC Hardware Engineer for BAE Systems Intelligence & Security at Arlington, VA
Applications Engineer for intersil at Palm Bay, FL
Senior Formal FAE Location OPEN for EDA Careers at San Jose or Anywhere, CA
Principle Electronic Design Engr for Cypress Semiconductor at San Jose, CA
Design Verification Engineer for intersil at Morrisville, NC
Upcoming Events
IPC APEX EXPO 2018 at San Diego Convention Center San Diego CA - Feb 24 - 1, 2018
DVCon US 2018 at Double Tree Hotel San Jose CA - Feb 26 - 1, 2018
5th EAI International Conference on Big data and Cloud Computing Challenges at Vandalur, Kelambakkam high road chennai Tamil Nadu India - Mar 8 - 9, 2018



Internet Business Systems © 2018 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