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Company
Confidential
2
Forward-Looking Statement Safe Harbor
and Use of Non-GAAP Financial Measures
This presentation contains forward-looking statements based on management’s
beliefs and assumptions and on
information currently available to our
management. Forward-looking statements include, among others, statements
concerning the AppliedMicro
transaction, including those regarding the potential date of closing of the transaction, the
price of the transaction, the consideration used in the transaction, the likelihood
that the transaction is consummated on
a timely basis or at all,
including whether the conditions required to complete the transaction will be met, and any
potential benefits and synergies, strategic plans, divestitures, restructuring, cost savings, accretion, revenue, margins,
market share capture, competitive position, and financial and business expectations
associated with the acquisition, as
well as any other statements
regarding our plans, beliefs or expectations regarding the transaction or its future business
or financial results. Forward-looking statements include all statements that are not historical facts and generally may be
identified by terms such as "anticipates," "believes," "could,"
"estimates," "expects," "intends," "may," "plans,"
"potential,” "predicts," "projects," "seeks," "should," "will," "would" or similar
expressions and the negatives of those
terms.
Our forward-looking statements are subject to assumptions, risks and uncertainties,
and are not guarantees of future
results. Actual results may differ
materially from the outcomes stated or implied by our forward-looking statements
based on any assumptions and risk factors we may mention today or otherwise, including the factors set forth in the
press release we issued today related to the AppliedMicro
acquisition, in the case of MACOM, our Annual Report on
Form 10-K filed with the SEC on November 17, 2016, and in the case of AppliedMicro,
its Quarterly Report on Form 10-
Q filed with the SEC on November 2,
2016, along with any other information we or AppliedMicro
file with the
SEC,
which are publicly-available on the SEC's EDGAR database located
at www.sec.gov. All projections in this presentation
are made as of
November 21, 2016 only, and neither MACOM nor AppliedMicro
undertakes any
obligation to update
any statements made herein at a later date.
We make references in this presentation to certain financial information
calculated on a basis other than in accordance
with accounting principles
generally accepted in the United States (GAAP) including non-GAAP revenue, non-GAAP
gross margin, non-GAAP operating margin and non-GAAP EPS. These non-GAAP measures are provided to enhance
the user’s overall understanding of the potential impact of the
AppliedMicro
transaction. We are unable to provide a
quantitative reconciliation of these non-GAAP measures to the most directly
comparable GAAP measure because we
cannot reliably forecast transaction,
integration and other costs related to the AppliedMicro
transaction,
which are
difficult to predict and estimate.
Our fiscal year end is the Friday closest to September 30th. Fiscal year 2017 will be a
52-week year and the first
quarter of fiscal year 2017 will have 13
weeks.
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