(AMCC) Applied Micro Circuits Beat Estimates – Reports Weak Outlook
Applied Micro Circuits Corporation (AMCC) reported results for the second quarter of fiscal 2011 which beat estimates, but the outlook for the third quarter was weak. Applied Micro recorded revenues of .0 million in the second quarter of fiscal 2011, up 8.5% sequentially and up 34% year over year and beat management’s guidance of .5 ? .8 million.
On a [...]
(AMCC) Applied Micro Circuits Beat Estimates – Reports Weak Outlook