More on RF Micro Devices' FQ4: Revenue drop has much to do with the company's Nokia exposure....
Tuesday, April 24, 2012, 6:24 PM ETMore on RF Micro Devices' FQ4: Revenue drop has much to do with the company's Nokia exposure. Gross margin of 30.1% up 190 bps Q/Q, but down 530 bps Y/Y. RF Micro is guiding for FQ1 revenue of $202M and EPS of $0.00-$0.02 vs. a consensus of $201.9M and $0.03. RFMD +3% AH, possibly getting a lift from Apple's FQ2 report along with other power amplifier vendors, though the company isn't an Apple supplier.
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