Applied Micro Circuits .... Q3-Zahlen sind da !

[Ralph]

Applied Micro Circuits Corporation Reports Third Quarter Fiscal 2001 Financial Results

Record Revenues of $143.3 Million; Pro Forma Earnings Per Share $0.16

SAN DIEGO, Jan. 16 /PRNewswire/ -- Applied Micro Circuits Corporation (Nasdaq: AMCC - news) today reported its financial results for the third quarter of fiscal 2001.

Net revenues for the third quarter of fiscal 2001 were $143.3 million, an increase of 213% over the $45.8 million reported in the same period of fiscal 2000. Pro forma net income for the third quarter of fiscal 2001 was $48.1 million or $0.16 per share, compared with pro forma net income of $12.1 million or $0.05 per share for the third quarter of fiscal 2000, representing increases of 297% and 220%, respectively.

Sequentially, net revenues for the third quarter of fiscal 2001 increased 48% over the $97.0 million reported in the previous quarter. Pro forma net income for the third quarter of fiscal 2001 increased 35% over the $35.7 million, or $0.13 per share, reported in the previous quarter.
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Ralph

[Ralph]

Applied Micro's Earnings Beat Estimates

SAN DIEGO (Reuters) - Applied Micro Circuits Corp. (NasdaqNMhttp://www.stock-channel.net/Board/smilies/smilewinkgrin.gifMCC - news), which makes communications chips for high-speed networks, on Tuesday reported fiscal third-quarter earnings that beat Wall Street's forecasted earnings by two cents a share.

For the quarter ended Dec. 31, the San Diego-based company reported pro forma net income of $48.1 million, or 16 cents a share, compared with $12.1 million, or 5 cents per share in the year-earlier period.

Wall Street analysts had on average expected the company to earn 14 cents per share in the third quarter, according to First Call/Thomson Financial, which tracks such forecasts.

Revenues rose to $143.3 million, up from $45.8 million reported a year ago.
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Ralph

[Silke]

Das sagte der AMCC Chef. Also ungebremst geht die verlangsamte Wirtschaft wohl nicht über diese Unternehmen hinweg. Aber trotzdem sind es relativ gute Aussichten:

"This strength is being driven by our newer offerings, particularly 10-gigabit and framer layer products," Chief Executive Dave Rickey said in a statement. The company said communications sales were particularly strong, with 37 percent growth from the previous quarter.

Despite noting some concerns over supply constraints from International Business Machines Corp. IBM and concerns over corporate spending amid early signs of an economic downturn, Rickey said on a conference call that demand still appeared healthy.

"There has been much discussion and concern in the last quarter over capital spending, the economy, inventory levels," Rickey said. "However, our demand has remained strong. We have no tangible evidence our demand will slow down except for obvious macroeconomic concerns."

He forecast sequential revenue growth for the fourth quarter would be in the upper teens to the lower 20s in percentage terms, compared with third quarter revenue, including sales from MMC.

[Ralph]

Mary,

das sehe ich auch so ...... den Chipsektor im Moment übergewichten, die Bodenbildung zeichnet sich ja schon ab !

AMCC .... wenn auch sehr hoch bewertet, aber was soll man sonst tun ?

Ralph

[Silke]

Ja Ralph,

ich denkw ir sollten verhalten bullisch reagieren und uns aber nicht in euphorie baden. Denn wir dürfen die doch allzuhohen KGV's nicht unterschätzen. Auch wenn sie gut wachsen.

Ich könnte mir beispielsweise vorstellen, daß sich ein slowdown in diesen Werten erst zeitversetzt abspielen wird. Bin mit meinen Gedankengängen noch nicht ganz zuende - aber einleuchtend wäre es!

Also vorsichtig bullisch
MM