Atmel Q2 Adj. Profit Meets Estimate - Quick Facts

(RTTNews) - Atmel Corp. (ATML) reported net income for the second quarter of $19.2 million or $0.05 per share, compared to $13.0 million or $0.03 per share for the year-ago quarter.

Excluding items, adjusted net income for the latest second quarter rose to $38.3 million or $0.09 per share from $25.3 million or $0.06 per share in the prior year quarter. On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.09 per share. Analysts' estimates typically exclude special items.

Revenue for the second quarter grew 2% to $355.53 million from $347.82 million a year ago, while 17 analysts expected revenues of $356.24 million for the quarter.