RFMD reports record results

摘要

RF Micro Devices, Inc. has reported financial results for its fiscal 2003 second quarter, ended September 30, 2002. Revenues for the quarter were approximately $119.7 million, a sequential increase of approximately f 5.2% versus revenues of $ 103.9 million for the quarter ended June 30, 2002 and an increase of approximately 21.8% versus revenues of $98.3 million for the corresponding quarter of fiscal 2002. Revenues and earnings per share exceeded the Company's most recent estimates, provided on September 24,2002, of approximately $118 million in revenues and earnings per share of approximately $0.03, primarily as a result of increased demand in the final week of the quarter. Gross profit for the quarter increased 11.0% sequentially to $46.0 million, versus $41.4 million for the quarter ended June 30,2002 and increased 26.5%, versus $36.4 million for the prior year period.The year-over-year and sequential increases in gross profit were primarily attributable to the increase in the Company's revenues.