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Spreadtrum Communications (SPRD): Q1 EPS of $0.57 beats by $0.18. Revenue of $161.1M (+17.5%...

Spreadtrum Communications (SPRD): Q1 EPS of $0.57 beats by $0.18. Revenue of $161.1M (+17.5% Y/Y) beats by $1M. EPS beat due to government subsidies and lower 3G R&D spending. Company expects Q2 revenue of $170M-$175M, above $165.5M consensus. SPRD +15.4% AH. (PR)
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