APPLIED MICRO CIRCUITS CORP (AMCC) [Rocket]

Overview

APPLIED MICRO CIRCUITS CORP (AMCC)

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Recent News + Filings (All items)

Date Filed	Type	Description
02/10/2017	SC 13G/A	Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]
02/09/2017	SC 13G/A	Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals [Amend]
02/06/2017	15-12G	Form 15-12G - Securities registration termination [Section 12(g)]
02/02/2017	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments
02/02/2017	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments
02/02/2017	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments
02/02/2017	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Mar-31-16	Mar-31-15	Mar-31-14	Mar-31-13	Mar-31-12	Mar-31-11	Mar-31-10	Mar-31-09
Revenues	159.3	165.0	216.2	195.6	230.9	247.7	205.6	214.2
Revenue growth	-3.5%	-23.7%	10.5%	-15.3%	-6.8%	20.5%	-4.0%	10.4%
Cost of goods sold	69.7	69.3	85.2	83.0	98.8	95.3	92.9	101.1
Gross profit	89.5	95.7	131.0	112.6	132.1	152.4	112.7	113.1
Gross margin	56.2%	58.0%	60.6%	57.6%	57.2%	61.5%	54.8%	52.8%
Selling, general and administrative	33.5	33.6	38.9	51.7	45.8	49.2	45.9	50.1
Research and development	91.5	107.2	146.6	187.4	175.7	108.7	88.1	84.7
EBITA	-35.5	-45.1	-54.1	-121.9	-85.8	-5.5	-21.3	-21.7
EBITA margin	-22.3%	-27.4%	-25.0%	-62.3%	-37.2%	-2.2%	-10.4%	-10.1%
Amortization of intangibles		0.1	0.8	6.6	6.8	5.3	4.0	4.0
EBIT	-35.5	-45.3	-54.9	-128.4	-92.6	-10.8	-25.4	-25.7
EBIT margin	-22.3%	-27.4%	-25.4%	-65.6%	-40.1%	-4.3%	-12.3%	-12.0%
Pre-tax income	-33.2	-51.0	-5.1	-134.7	-81.8	-0.6	-24.2	-265.0
Income taxes	-0.6	1.1	0.6	-0.6	0.9	0.4	-10.6	-3.9
Tax rate	1.9%			0.4%			43.8%	1.5%
Earnings from continuing ops	-32.6	-52.1	-5.7	-134.1	-82.7	-1.0	-19.7	-261.1
Earnings from discontinued ops							6.1	-48.2
Net income	-32.6	-52.1	-5.7	-134.1	-82.7	-1.0	-13.6	-309.3
Net margin	-20.4%	-31.5%	-2.6%	-68.6%	-35.8%	-0.4%	-6.6%	-144.4%

Diluted EPS	($0.39)	($0.66)	($0.08)	($2.06)	($1.33)	($0.02)	($0.16)	($4.00)
Shares outstanding (diluted)	82.7	78.8	72.9	65.3	62.2	65.2	123.6	65.3

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.