Lattice Semiconductor Reports Fourth Quarter and Full Year 2015 Results

Financial Highlights*:

Fourth quarter 2015 revenue of $101.2 million on a GAAP basis and $101.3 million on a non-GAAP basis (excluding $7 million of forecasted Q4 revenue from an IP contract that will now be recognized as revenue when payments are received).
Fourth quarter 2015 net loss of $45.5 million or $0.38 per basic and diluted share on a GAAP basis, and net loss of $5.0 million or $0.04 per basic and diluted share on a non-GAAP basis.
Fourth quarter 2015 operating expenses of $90.6 million on a GAAP basis (includes a $21.7 million impairment of goodwill and intangible assets), and $51.9 million on a non-GAAP basis.
Fourth quarter 2015 gross margin of 53.5% on a GAAP basis and 54.6% on a non-GAAP basis.
Fiscal year 2015 revenue of $406.0 million on a GAAP basis and $411.2 million on a non-GAAP basis.

Read more: Lattice Semiconductor Corporation ( LSCC )

SunEdison Semiconductor to Evaluate Strategic Alternatives

  • Board authorizes process following receipt of unsolicited preliminary indications of interest
  • Company has retained Barclays to assist in the review process

ST. PETERS, Mo., Feb. 18, 2016 -- SunEdison Semiconductor Limited (SEMI) ("SunEdison Semiconductor" or the “Company”) announced today that its Board of Directors has authorized a process to explore a range of strategic alternatives following receipt of unsolicited preliminary indications of interest in the Company. 

The Company has retained Barclays to assist in its review of strategic alternatives, which could include, among other things, a merger or sale of the Company or continuing to pursue the Company’s existing operating and growth plan.  During its strategic review process, the Company intends to continue to vigorously pursue its existing business plan.

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MFLEX Announces Fourth Quarter And Full-Year 2015 Financial Results

Sixth consecutive quarter of strong profitability; Exited 2015 with record cash balance of $214 million

IRVINE, Calif., Feb. 4, 2016  -- Multi-Fineline Electronix, Inc. (MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, today reported financial results for its fourth quarter and full-year ended December 31, 2015.  Fourth quarter 2015 net income was $10.4 million, or $0.41 per diluted share, compared to $16.0 million, or $0.65 per diluted share, in the same period last year. 

Net sales for fourth quarter 2015 were $169.0 million, compared to $210.0 million for the same period last year. The decline was mainly attributable to softness in the tablet and smartphone markets.

Read more: Multi-Fineline Electronix Inc ( MFLX )

Cascade Microtech Reports Fourth Quarter and Annual 2015 Results

BEAVERTON, OR--(Feb 4, 2016) - Cascade Microtech, Inc. (NASDAQ: CSCD)

  • Record Annual Revenue of $144.0 million
  • Record Quarterly Revenue of $40.4 million
  • Record Annual Income from Operations of $17.9 million
  • Record Quarterly Income from Operations of $6.5 million
  • Record Quarterly Bookings of $48.7 million

Cascade Microtech, Inc. (NASDAQ: CSCD) today reported financial results for the fourth quarter and year ended December 31, 2015.

Cascade Microtech also announced today that it has entered into a merger agreement with FormFactor, Inc. (NASDAQ: FORM) ("FormFactor") pursuant to which FormFactor has agreed to acquire Cascade Microtech. The Company has provided details of the merger in a separate press release.

Read more: Cascade Microtech Inc ( CSCD )

Oclaro Announces Second Quarter Fiscal Year 2016 Financial Results

Continued Strong Growth in 100G Leads to Higher Gross Margin and Net Income

SAN JOSE, Calif., Feb. 2, 2016 -- Oclaro, Inc. (OCLR), a leading provider and innovator of optical communications solutions, today announced the financial results for its second quarter of fiscal year 2016, which ended December 26, 2015.

"With a second consecutive quarter of 20 percent sales growth in our 100G portfolio we again delivered stronger financial performance. The quarterly revenue growth drove higher gross margin and net income," said Greg Dougherty, Chief Executive Officer, Oclaro. "We continue to see robust demand for our 100G product portfolio combined with favorable market conditions. As we expand capacity in Asia, both for our current and new 100G products, we expect revenue growth in 2016 to continue."

Read more: Oclaro Inc ( OCLR )

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