News Article
TriQuint reports Q1 2010 revenue increase
TriQuint has reported improved guidance for the three months ending April 3rd 2010.
Radio frequency product manufacturer TriQuint has announced guidance for its first-quarter results for 2010.
The company forecast a 47 per cent year-on-year increase in revenue to $175 million (£114.3 million) and reported non-GAAP earnings per share are expected to increase from its previous guidance of between $0.08 and $0.10 to $0.11.
In addition, the firm stated it will receive a tax credit of approximately $1 million during the quarter ending April 3rd 2010.
President and chief executive officer of TriQuint Ralph Quinsey made the announcement at its annual Investor and Analyst Day in New York earlier today (March 18th).
TriQuint was founded in 1985 and specialises in the development of gallium arsenide (GaAs), gallium nitride, surface acoustic wave and bulk acoustic wave technologies.
It also claims to offer the industry s largest selection of GaAs foundry processes and support services, as well as providing mobile devices and 3G and 4G cellular base stations.
The company forecast a 47 per cent year-on-year increase in revenue to $175 million (£114.3 million) and reported non-GAAP earnings per share are expected to increase from its previous guidance of between $0.08 and $0.10 to $0.11.
In addition, the firm stated it will receive a tax credit of approximately $1 million during the quarter ending April 3rd 2010.
President and chief executive officer of TriQuint Ralph Quinsey made the announcement at its annual Investor and Analyst Day in New York earlier today (March 18th).
TriQuint was founded in 1985 and specialises in the development of gallium arsenide (GaAs), gallium nitride, surface acoustic wave and bulk acoustic wave technologies.
It also claims to offer the industry s largest selection of GaAs foundry processes and support services, as well as providing mobile devices and 3G and 4G cellular base stations.
