RF Micro Devices, Inc. (RFMD)

[eastunder]

RFMD: Q2 Adj EPS 11c vs 19c Beats 10c Est; Guidance In-Line with Consensus

Tuesday , October 25, 2011 16:31ET

QUARTER RESULTS
RF Micro Devices Inc (RFMD) reported Q2 results ended September 2011. Q2 Revenues were $243.81M; -14.69% vs yr-ago; BEATING revenue consensus by +6.20%. Q2 EPS was 5c. Adjusted Q2 EPS was 11c; -42.11% vs yr-ago; BEATING earnings consensus by +10.00%.

Q2 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $243.81M      $285.79M     -14.69%      $229.57M      +6.20% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                  5c           N/A         N/A           N/A         N/A 
 Adj EPS:             11c           19c     -42.11%           10c     +10.00% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 

GUIDANCE

Q3-11 Revenue Outlook [$250M]: RFMD expects Q3 revenue to increase sequentially to approximately $250 million. The Q3-11 revenue forecast is in-line with current consensus estimates.