Tuesday, April 27, 2010

RFMD beats on Top & Bottom line...NICE !!!

RFMD ER was a beat on TOP & Bottom line......in Q4

Sales were $260.8 million vs consensus of $240.2 million

EPS .16 cents vs consensus of .11 cents

Gross Margin came in @ 39.6% & operating Margin @ 18.3%......

Guiding sequential increase in Sales for current Q which is Q1 for 2011.....as they are fully booked for current June Q.....

Guiding Gross margin for 2011 @ 42%.......

Guiding higher Sales & EPS in 2011 compared to 2010...a classic statement of UPOD....

Stock UP .16 cents AH.....cc starts @ 5 PM.....

BLOG does NOT give buy or sell.

Saleem

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