** Mobile Communications products include LTE transceivers and mobile TV ICs.
Key Financial Results
| (in millions, except percentages and per ADS amounts) | Non-GAAP | GAAP | ||||||||||||||||
| 4Q 2015 | 3Q 2015 | 4Q 2014 | 4Q 2015 | 3Q 2015 | 4Q 2014 | |||||||||||||
| Revenue | $ | 98.0 | $ | 95.4 | $ | 80.5 | $ | 98.0 | $ | 95.4 | $ | 80.5 | ||||||
| Sequential growth | 3 | % | 9 | % | -7 | % | 3 | % | 9 | % | -7 | % | ||||||
| Gross profit | $ | 49.1 | $ | 49.2 | $ | 42.3 | $ | 49.0 | $ | 49.1 | $ | 42.2 | ||||||
| Percent of revenue | 50.1 | % | 51.6 | % | 52.5 | % | 50.0 | % | 51.5 | % | 52.4 | % | ||||||
| Operating expenses | $ | 25.3 | $ | 25.8 | $ | 21.4 | $ | 31.0 | $ | 29.7 | $ | 25.4 | ||||||
| Operating income | $ | 23.9 | $ | 23.4 | $ | 20.9 | $ | 18.1 | $ | 19.4 | $ | 16.8 | ||||||
| Percent of revenue | 24.4 | % | 24.5 | % | 26.0 | % | 18.4 | % | 20.4 | % | 20.9 | % | ||||||
| Earnings per ADS (diluted) | $ | 0.55 | $ | 0.57 | $ | 0.53 | $ | 0.38 | $ | 0.38 | $ | 0.35 | ||||||
