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Atmel Corp. (ATML) filed Quarterly Report for the period ended 2011-09-30.
Atmel Corp. has a market cap of $4.73 billion; its shares were traded at around $10.17 with a P/E ratio of 12.8 and P/S ratio of 2.9.
This is the annual revenues and earnings per share of ATML over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of ATML.
Highlight of Business Operations:
Our net revenues totaled $479 million for the three months ended September 30, 2011, an increase of 8%, or $35 million, from $444 million in net revenues for the three months ended September 30, 2010. Net revenues increased to $1,419 million in the nine months ended September 30, 2011 from $1,186 million in the nine months ended September 30, 2010, an increase of $233 million or 20%. Revenues for the third quarter of 2011 increased primarily due to strong demand for our 32-bit ARM-based microcontrollers and maXTouch microcontrollers. Our Microcontroller segment revenues increased 18% to $301 million for the three months ended September 30, 2011 compared to revenues of $256 million for the three months ended September 30, 2010. Our Microcontroller segment revenues increased 49% to $897 million for the nine months ended September 30, 2011, compared to revenues of $604 million for the nine months ended September 30, 2010.Our net revenues totaled $479 million for the three months ended September 30, 2011, an increase of 8%, or $35 million, from $444 million in net revenues for the three months ended September 30, 2010. Net revenues increased to $1,419 million in the nine months ended September 30, 2011 from $1,186 million in the nine months ended September 30, 2010, an increase of $233 million or 20%. Revenues for the third quarter of 2011 increased primarily due to strong demand for our 32-bit ARM-based microcontrollers, and our maXTouch microcontrollers. Our Microcontroller segment revenues increased 18% to $301 million for the three months ended September 30, 2011 compared to revenues of $256 million for the three months ended September 30, 2010. Our Microcontroller segment revenues increased 49% to $897 million for the nine months ended September 30, 2011 compared to revenues of $604 million for the nine months ended September 30, 2010.
RF and Automotive segment net revenues increased 15% to $52 million for the three months ended September 30, 2011 from $45 million for the three months ended September 30, 2010. RF and Automotive segment net revenues increased 14% to $155 million for the nine months ended September 30, 2011 from $137 million for the nine months ended September 30, 2010. This increase was primarily related to improved demand in automotive markets for the three and nine months ended September 30, 2011. Our identification and high voltage products increased 59% and 26%, respectively, for the three months ended September 30, 2011 over the same period last year and increased 77% and 22%, respectively, for the nine months ended September 30, 2011 over the same period last year, driven by higher shipments for vehicle networking products (LIN/IVN applications). In addition, revenues increased 8% and 23% for foundry products sourced from our Colorado Springs fabrication facility for the three and nine months ended September 30, 2011, respectively.
Our net revenues in Asia increased $43 million, or 17%, for the three months ended September 30, 2011, compared to the three months ended September 30, 2010 and increased by $215 million, or 34% in the nine months ended September 30, 2011, compared to the nine months ended September 30, 2010. The increase in this region for the three and nine months ended September 30, 2011, compared to the three and nine months ended September 30, 2010 was primarily due to higher shipments of our microcontroller products as a result of improved demand in customer end markets for smartphone and other consumer-based products. Net revenues for the Asia region were 63% and 60% of total net revenues in the three and nine months ended September 30, 2011, respectively, compared to 58% and 54%, for the three and nine months ended September 30, 2010, respectively.
Our net revenues in Europe increased $7 million, or 6%, for the three months ended September 30, 2011, compared to the three months ended September 30, 2010 and increased by $24 million, or 7% for the nine months ended September 30, 2011, compared to the nine months ended September 30, 2010. The increase in this region for the three and nine months ended September 30, 2011, compared to the three and nine months ended September 30, 2010, resulted primarily from improved automotive and industrial markets, partially offset by the sale of our SMS business and declining demand for our Cell Based Integrated Circuit, or CBIC, products. Net revenues for the Europe region were 24% and 25% of total net revenues for the three and nine months ended September 30, 2011, respectively, compared to 24% and 28% of total net revenues for the three and nine months ended September 30, 2010, respectively.
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