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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (63128)	4/23/2002 11:37:57 PM
From: StanX Long	Read Replies (1) \| Respond to of 70976

AMCC reports $3.6 billion loss on sales of $153 million for fiscal year Semiconductor Business News (04/23/02 16:47 p.m. EST) siliconstrategies.com SAN DIEGO -- Hit hard by the communications downturn, Applied Micro Circuits Corp. today reported sales of $30.1 million for Q4 ended March 30, down 75% from $121.1 million in Q4 of last year and a 25.1% sequential decline from $40.2 million in Q3 of this year. The net loss on a GAAP basis for Q4 of fiscal 2002 was $90.3 million, or minus $0.30 per share, compared with a net loss of $193.7 million, or minus $0.65 per share, for the same period last fiscal year. In the previous period, AMCC reported a loss of $81.3 million, or minus $0.27 per share. Net revenues for the year were $152.8 million, down 65% from $435.5 million a year ago. The net loss on a GAAP basis for the year was $3.6 billion, or minus $12.08 per share, compared with a net loss of $436.2 million, or $1.63 per share, for the same period last fiscal year.