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GREENSBORO, N.C.-RF Micro Devices Inc. reiterated the financial guidance it provided earlier this year for the first quarter ending June 30 as well as for the full year.
The company said it expects first-quarter revenue in the mid-$150 million range, as well as a pro forma net loss of between 2 cents and 3 cents per share.
The company’s cellular business, including power amplifiers and handset transceivers, should post sequential growth from the previous quarter, said the company. RFMD said it expects growth for all the major air interface standards in its power amplifier business. In addition, the company said shipments of its EDGE transceiver surpassed 5 million chipsets to date.
