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Applied Micro CEO Discusses F2Q2011 Results - Earnings Call Transcript

Applied Micro Circuits Corporation ( AMCC)

F2Q2011 (Qtr End 09/30/2010) Earnings Call

October 28, 2010 05:00 pm ET

Executives

Paramesh Gopi - President and CEO

Robert Gargus - SVP and CFO

Analysts

Rick Schafer - Oppenheimer

Sandy Harrison - Signal Hill

Jeff Osher - Harvest Capitals

Christian Schwab - Craig-Hallum Capital Group

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the second quarter 2011 Applied Micro Circuits Corporation earnings conference call. (Operator Instructions)

I would now like to turn the call over to your host, Mr. Robert Gargus, Senior Vice President and Chief Financial Officer.

Robert Gargus

Good afternoon, everyone, and thank you for joining today's conference call. On the call today with me is Dr. Paramesh Gopi, our President and CEO.

Before turning the call over to Paramesh, I want to remind you that forward-looking statements discussed on this call, including guidance we will provide on revenues, non-GAAP gross margin, non-GAAP operating expenses and certain other financial targets are based on the limited information available to us today.

That information is likely to change. There are numerous risks and uncertainties that affect our business and may affect these forward-looking statements, including product demand and mix, product development and introductions, design wins, manufacturing and supply availability, the impact of workforce reductions, employee relations and the integration of new or moved operations, risk relating from macroeconomic conditions and markets and other risks as set forth in our SEC filings, including our Form 10-K for the year ended March 31, 2010.

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