TriQuint Announces Third Quarter 2013 Results

Our earnings release contains forward looking estimates of non-GAAP gross margin and earnings per share for the fourth quarter of 2013. We provide these non-GAAP measures on a prospective basis for the same reasons that we provide them to investors on a historical basis. The following table provides a reconciliation of GAAP gross margin and loss per share to non-GAAP gross margin and earnings per share anticipated for the fourth quarter of 2013 based on the mid-point of guidance.

Forward Looking Q4 GAAP Gross Margin       25.7 %
  Adjustment for stock based compensation charges 0.8 %
Adjustment for assets held for sale 8.5 %
Adjustment for charges associated with acquisitions 0.5 %
Forward Looking Q4 non-GAAP Gross Margin 35.5 %
 
Forward Looking Q4 GAAP Net Loss per Share $ (0.02 )
Adjustment for stock based compensation charges 0.04
Adjustment for assets held for sale 0.13
Adjustment for non-cash tax benefit (0.03 )
Adjustment for charges associated with acquisitions 0.01  
Forward Looking Q4 non-GAAP Net Earnings per Share $ 0.13

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