Atmel Q3 Profit Matches Estimates - Quick Facts

(RTTNews) - Atmel Corporation (ATML), a leader in microcontroller and touch solutions, reported that its third-quarter GAAP net income totaled $17.3 million or $0.04 per share, compared to $5.4 million or $0.01 per share for the third quarter of 2013. Non-GAAP net income for the third quarter of 2014 totaled $49.8 million or $0.12 per share.

On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $0.12 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $374.5 million, 5% higher compared to $356.3 million for the third quarter of 2013. Analysts expected revenue of $371.60 million for the quarter.