RF Micro Devices Inc, Greensboro North Carolina maker of integrated circuits for the wireless communications market, is warning that, although its second-quarter revenue will be up 50% year-on-year, net income will fall short of analysts’ expectations of $0.08 to $0.10 per share. The company blames an increase in manufacturing cycle time due to capacity expansion projects.
RF MICRO WARNS OF POOR Q2 NET ON IMPROVED SALES
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