* . Q1 adj EPS $0.15 vs est $0.15
* . Q1 rev $ 224.3 mln vs est $ 224.3 mln
* . Sees Q2 adj EPS $0.16-$0.18 vs est $0.21
April 27 TriQuint Semiconductor Inc's
first-quarter earnings met analysts' expectations, helped by
strong demand in the smartphone market, but the wireless
communications products supplier forecast lower-than-expected
The company, which makes integrated circuits used in
aerospace, automotive, radar and cable TV, expects
second-quarter earnings of 16-18 cents per share on revenue of
Analysts on average were expecting earnings of 21 cents a
share, on revenue of $241.27 million, according to Thomson
The company's January-March net income fell to $12.4
million, or 7 cents per share, from $ 13.7 million, or 9 cents
per share, last year.
Excluding items, the company earned 15 cents a share.
Revenue rose 24 percent to $224.3 million.
Analysts on average were expecting earnings of 15 cents a
share, on revenue of $224.3 million, according to Thomson
The company said its mobile devices quarterly revenue
increased 41 percent.
Shares of the company closed at $13.48 down 0.6 percent on
Wednesday on Nasdaq.
(Reporting by Rachana Khanzode in Bangalore; Editing by Jarshad