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Pmc Sierra Inc announced unscathed earnings per share on modest revenue deterioration, eps remained at $0.03 in the July to September 26 2015 time-frame and Revenue sunk by -1.394 % to $
133.57 millions year on year.
From the prior reporting season, EPS turned positive from $-0.04 per share and Revenues advanced by 7.059 % from $124.77 millions.
The company should be appreciative of the effort and engagement of the PMCS team, they continue to accurately navigate through difficulties and match worldwide client interest, while maintaining net margin.
Net income of $6.718 millions in the July to September 26 2015 time-frame increased by 22.75 % from net earnings of $5.473 millions reported in the July to September 26 2015 time-frame a year ago. Pmc Sierra Inc also emphasized it's improving profit margins, where net margin rose to 5.03% in July to September 26 2015 time-frame, and operating margin edged up to 8.29%.