** Mobile Communications products include mobile TV SoCs and handset transceivers
Key Financial Results
| (in millions, except percentages and per ADS amounts) | GAAP | Non-GAAP | ||||||||||||||||||||||
| 4Q 2016 | 3Q 2016 | 4Q 2015 | 4Q 2016 | 3Q 2016 | 4Q 2015 | |||||||||||||||||||
| Revenue | $ | 144.2 | $ | 158.6 | $ | 98.0 | $ | 144.2 | $ | 158.6 | $ | 98.0 | ||||||||||||
| Gross profit | $ | 72.1 | $ | 77.4 | $ | 49.0 | $ | 72.3 | $ | 77.6 | $ | 49.1 | ||||||||||||
| Percent of revenue | 50.0 | % | 48.8 | % | 50.0 | % | 50.2 | % | 48.9 | % | 50.1 | % | ||||||||||||
| Operating expenses | $ | 37.3 | $ | 38.9 | $ | 31.0 | $ | 28.5 | $ | 32.0 | $ | 25.3 | ||||||||||||
| Operating income | $ | 34.9 | $ | 38.5 | $ | 18.1 | $ | 43.8 | $ | 45.5 | $ | 23.9 | ||||||||||||
| Percent of revenue | 24.2 | % | 24.3 | % | 18.4 | % | 30.4 | % | 28.7 | % | 24.4 | % | ||||||||||||
| Earnings per diluted ADS | $ | 0.73 | $ | 0.92 | $ | 0.38 | $ | 0.95 | $ | 1.07 | $ | 0.55 | ||||||||||||
