DALLAS, June 17, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring RF Micro Devices Inc. (Nasdaq:RFMD). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/RFMD
RF Micro Devices Inc. (RFMD) designs and manufactures radio frequency components and compound semiconductors. The Company's products provide connectivity and support functionality in the cellular handset, wireless infrastructure, wireless local area network, cable television/broadband and aerospace, and defense markets. RFMD manufactures gallium arsenide-based compound semiconductors. It accesses silicon, silicon germanium and other technologies through various foundries. The Company operates two synergistic product groups: cellular products group and multi-market products group, both of which focus on RF components with emphasis on compound semiconductor technology. During the fiscal year ended March 28, 2009 (fiscal 2009), the Company's CPG supplied handset original equipment manufacturers and original design manufacturers. On April 26, 2008, the Company completed the acquisition of Universal Microwave Corporation.
Message Board Search for RFMD: http://www.boardcentral.com/boards/RFMD
In the report, the analyst notes:
"RFMD's quarterly revenue increased 51.4% year-over-year and 4.2% sequentially to $260.8 million. On a GAAP basis, gross margin increased sequentially by 130 basis points to 37.7%, quarterly operating income was $36.6 million, and quarterly net income was $26.7 million, or $0.10 per diluted share.
"RFMD recently announced the availability of the RF3858 front end module (FEM). The RF3858 FEM supports multiple Tx/Rx applications in the 900 MHz ISM band, including Smart Energy/Advanced Metering Infrastructure (AMI)."
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