RF Micro Devices® Delivers 29% Sequential Growth In December Quarterly Revenue

RF MICRO DEVICES® and RFMD® are trademarks of RFMD, LLC. All other trade names, trademarks and registered trademarks are the property of their respective owners.

[Tables To Follow]

 

RF MICRO DEVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
(Unaudited)



Three Months Ended


Nine Months Ended


December 29, 2012


December 31, 2011


December 29, 2012


December 31, 2011

Revenue

$

271,213



$

225,425



$

683,544



$

683,427










Costs and expenses:








Cost of goods sold

184,403



161,864



465,945



451,305


Research and development

46,509



37,455



130,053



110,999


Marketing and selling

16,906



16,047



50,022



46,901


General and administrative

15,746



12,238



47,734



38,396


Other operating expense

1,969



5



7,127



136


Total costs and expenses

265,533



227,609



700,881



647,737










Income (loss) from operations

5,680



(2,184)



(17,337)



35,690


Other expense

(1,173)



(2,084)



(7,625)



(8,013)










Income (loss) before income taxes

$

4,507



$

(4,268)



$

(24,962)



$

27,677


Income tax expense

(5,950)



(5,125)



(12,076)



(13,829)










Net (loss) income

$

(1,443)



$

(9,393)



$

(37,038)



$

13,848


















Net (loss) income per share, diluted

$

(0.01)



$

(0.03)



$

(0.13)



$

0.05










Weighted average outstanding diluted shares

279,523



277,192



277,562



283,079



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