Key Developments: RF Micro Devices Inc (RFMD.O)
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Latest Key Developments (Source: Significant Developments)
RF Micro Devices Inc Issues Q1 2014 Guidance; Revenue Guidance Above Analysts' Estimates
RF Micro Devices Inc announced that for first quarter of 2014, it expects revenue to increase to approximately $285 million-$290 million and non-GAAP EPS of approximately $0.07-$0.08. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $265 million and EPS of $0.07 for the first quarter of 2014. Full Article
RF Micro Devices Inc Announces Extension Of Share Repurchase Program
RF Micro Devices Inc announced that board of directors has authorized an extension of RFMD's 2011 share repurchase program to repurchase up to $200 million of the Company's common stock through January 31, 2015. Since January 2011, the Company has repurchased $ 49.9 million of its common stock under this program, leaving it with additional authorization of up to $150.1 million under the program as a result of this extension. Full Article
RF Micro Devices Inc Raises Q4 2013 Revenue Guidance; Updates On Q4 2013 EPS Guidance To A Range In Line With Analysts' Estimates
RF Micro Devices Inc announced that for the fourth quarter of 2013, it expects revenue of approximately $250 Million to $255 Million and Non-GAAP EPS of approximately $0.04 to $0.05. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $226 million and EPS of $0.04 for the fourth quarter of 2013. Full Article
RF Micro Devices Inc Issues Q4 2013 Guidance Above Analysts' Estimates-Conference Call
RF Micro Devices Inc announced that for the fourth quarter of 2013, it expects revenue to be $245 million and expects EPS to dip below the $0.06. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $227 million and EPS of $0.04 for the fourth quarter of 2013. Full Article
RF Micro Devices Inc Wins DARPA GaN Contract To Enhance High Power RF Amplifier Performance
RF Micro Devices Inc announced it has been awarded a $2.1 million contract from the Defense Advanced Research Projects Agency (DARPA) to enhance the thermal efficiency of gallium nitride (GaN) circuits used in high power radar and other military systems. The award is in association with the Near Junction Thermal Transport (NJTT) effort of DARPA's Thermal Management Technologies (TMT) program. The goal of the DARPA NJTT initiative is to achieve a 3x or greater improvement in power handling from GaN power amplifiers through improved thermal management of the near junction region. By combining thermally-enhanced diamond substrates with RFMD's industry GaN-on-SiC high power technology, RFMD expects to significantly improve power density and power handling capability. Full Article
RF Micro Devices Inc Announces ITC Lawsuit Withdrawn By Peregrine Semiconductor Corp
RF Micro Devices Inc announced that Peregrine Semiconductor Corp. (PSMI) has filed a motion to voluntarily withdraw the lawsuit it filed against RFMD in the U.S. International Trade Commission (ITC) in February 2012. Full Article
RF Micro Devices, Inc. Issues Q2 2013 Guidance; Comments On Q3 2013 Revenue Guidance
RF Micro Devices, Inc. announced that for the second quarter of 2013, it expects revenue to be approximately flat to down approximately 5%, with sequential growth resuming in the third quarter of 2013. The Company expects non-GAAP EPS of breakeven to a profit of $0.01 per diluted share for the second quarter of 2013. Full Article
RF Micro Devices, Inc. Issues Q1 2013 Guidance; Revenue Guidance In Line With Analysts' Estimates
RF Micro Devices, Inc. announced that for the first quarter of 2013, it expects revenue to grow approximately 8% sequentially to approximately $202 million and non-GAAP per share results of breakeven to $0.02, reflecting increased legal fees and incremental R&D investment targeting customer diversification. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $202 million for the first quarter of 2013. Full Article
RF Micro Devices, Inc. Secures Contract From LG
RF Micro Devices, Inc. announced that LG has selected RFMD to supply multiple components in support of the LG Optimus 4X HD and the Optimus 3D Max smartphones. LG's Optimus 4X HD and Optimus 3D Max are expected to be available globally in 2012. Full Article
RF Micro Devices, Inc. Issues Q4 2012 Guidance; EPS Guidance Below Analysts' Estimates-Conference Call
RF Micro Devices, Inc. announced that for the fourth quarter of 2012, it expects revenue to be approximately $185 million and non-GAAP EPS to be break even to $0.02 loss. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $185 million and EPS of $(0.01) for the fourth quarter of 2012. Full Article
Radio frequency chip makers tune in to smartphone race
- Radio frequency chip makers are set to gain as Samsung Electronics Co Ltd and Apple Inc unveil ever more sophisticated smartphones and tablets to battle for the No. 1 spot in the global mobile devices market.
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