News

18 March 2010

 

TriQuint expecting Q1 revenue at high-end of $170–175m guidance

At its annual Investor and Analyst Day in New York today, Ralph Quinsey, president & CEO of RF front-end product and foundry services provider TriQuint Semiconductor Inc of Hillsboro, OR, USA, says that the firm now expects first-quarter 2010 revenue to be at the high end of its previous guidance of $170–175m (given on 24 February), i.e. up more than 47% year-on-year.

In addition, a tax credit of about $1m will be recorded, and non-GAAP earnings per share is now expected to rise from previous guidance of $0.08–0.10 to about $0.11.

On 1 March, rival Skyworks Solutions Inc of Woburn, MA, USA, which makes linear products, power amplifiers, front-end modules and radio solutions for handset and infrastructure equipment, raised its prior revenue guidance of 20 January for fiscal second-quarter 2010 (to end March) from $225m to $230–235m (up 33–36% year-on-year). The increase was attributed to strong demand for mobile Internet, smart grid and new high-growth analog applications.

In addition, on 8 March, RF Micro Devices Inc of Greensboro, NC, USA also raised its revenue guidance for its fiscal fourth-quarter 2010 (ending 3 April) to $240–245m (up 41% on a year ago). RFMD said that it was experiencing broad-based strength in its core business, with demand significantly outpacing original expectations in both its cellular products group (CPG) and multi-market products group (MPG), and particular strength in China and Korea.

See related items:

RFMD raises revenue guidance to $240–245m

Skyworks raises March-quarter revenue guidance from $225m to $230–235m

TriQuint grows a more-than-expected 12% in Q4/09

Search: TriQuint

Visit: www.triquint.com