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Applied Micro Circuits Corp. Issues Q3 2012 Revenue Guidance Below Analysts' Estimates-Conference Call


Tuesday, 1 Nov 2011 09:00am EDT 

Applied Micro Circuits Corp. announced that for the third quarter of 2012, it expects revenues to decline 10%-5% sequentially, with midpoint being 12.5% or $56.7 million. The Company reported revenues of $64.93 million in the second quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $65.90 million for the third quarter of 2012. 

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