Business Outlook – Fourth Quarter FY20
- Revenue is expected to range between $250 million and $290 million;
- GAAP gross margin to be between 51 percent and 53 percent; and
- Combined GAAP R&D and SG&A expenses to range between $115 million and $121 million, including approximately $14 million in stock-based compensation expense and $3 million in amortization of acquired intangibles;
- GAAP operating expense is expected to include a restructuring charge of approximately $22 million.