RF Micro Devices, Inc. (RFMD)

[eastunder]

RFMD: Q4 Adj EPS 6c vs (2c) Beats 5c Est; Guidance In-Line with Consensus

Tuesday , April 23, 2013 16:18ET

QUARTER RESULTS
RF Micro Devices Inc (RFMD) reported Q4 results ended March 2013. Q4 Revenues were $280.60M; +49.31% vs yr-ago; BEATING revenue consensus by +11.08%. Q4 EPS was (6c). Adjusted Q4 EPS was 6c; +400.00% vs yr-ago; BEATING earnings consensus by +20.00%.

Q4 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $280.60M      $187.93M     +49.31%      $252.60M     +11.08% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                (6c)           N/A         N/A           N/A         N/A 
 Adj EPS:              6c          (2c)    +400.00%            5c     +20.00% 
 ----------  ------------  ------------  ----------  ------------  ----------

YEAR-END RESULTS
Co. also reported Year-End results ended March 2013. FY Revenues were $964.10M; +10.64% vs yr-ago; BEATING revenue consensus by +2.97%. FY EPS was (19c); -19c vs yr-ago; MISSING earnings consensus by -218.75%.

FY RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $964.10M      $871.35M     +10.64%      $936.25M      +2.97% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:               (19c)            0c        -19c           16c    -218.75% 
 ----------  ------------  ------------  ----------  ------------  ----------

GUIDANCE

Q1-14 Earnings Outlook [7c - 8c]: The Q1-14 earnings forecast is in-line with current consensus estimates.