- RF Micro (RFMD) expects FQ2 revenue of $345M and EPS of $0.27, above a consensus of $328.8M and $0.21.
- FQ1 gross margin was 47.1%, +510 bps Q/Q and +1200 bps Y/Y. FQ2 GM is expected to be flat to up 25 bps Q/Q.
- TriQuint (TQNT) is also up. Shares of both companies initially sold off after TriQuint offered light Q3 guidance (but healthier 2H guidance) yesterday afternoon, but closed higher today.
- FQ1 results, PR