* Q2 EPS excl items $0.13 vs $0.08 est
* Rev falls 6 pct
* Sees Q3 rev, earnings to rise sequentially
* Shares rise 5 pct
Oct 27 (Reuters) - Chipmaker RF Micro Devices Inc RFMD.O posted a better-than-expected quarterly profit, helped by lower operating expenses, and forecast a sequential rise in third-quarter revenue and earnings due to strong demand and improved order visibility.
For its second quarter ended Oct. 3, the company, which makes chips for mobile phone companies like Nokia NOK1V.HE and Motorola MOT.N, earned $14.6 million, or 5 cents a share, compared with a loss of $14.2 million, or 5 cents a share, a year ago.
Excluding items, the company earned 13 cents a share.
Revenue dipped 6 percent to $254.8 million.
Analysts on average had expected RF Micro to earn 8 cents a share, excluding items, on revenue of $233.9 million, according to Thomson Reuters I/B/E/S.
Operating expenses fell 21 percent to $230 million.
RF Micro is experiencing continued strong demand from its cellular customers and significantly improved order visibility in its multi-market products business, the company said in a statement.
Shares of the Greensboro, North Carolina-based company were up 5 percent at $4.20 in trading after the bell. They closed at $4.02 Tuesday on Nasdaq. (Reporting by Manasi Phadke in Bangalore; Editing by Gopakumar Warrier)