China Techfaith Wireless Commtn Tech Ltd (CNTF)

[$pooky]

Fourth quarter revenues increased by 13.3% from the third quarter of
2009 and by 15.2% year-over-year to US$59.8 million.
-- Fourth quarter net income increased to US$3.1 million from a net loss
US$3.4 million in the third quarter of 2009.
-- Full year 2009 revenue increased by 1.1% year-over-year to US$211.1
million.
-- Full year 2009 operating expense reduced by 37.9% year-over-year to
US$24.9 million.
--EPS $0.15
--Guidance for Q1 is good ($60-$62million)

Now they need to say QiGi and gaming will bring margins up next qtr...


Not that bad! :)