RF Micro Devices® Achieves 49% Year-Over-Year Growth in 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.

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






Three Months Ended


Twelve Months Ended


March 30,
2013


March 31,
2012


March 30,
2013


March 31,
2012

Revenue

$

280,603



$

187,925



$

964,147



$

871,352










Costs and expenses:








Cost of goods sold

192,387



131,281



658,332



582,586


Research and development

48,740



40,697



178,793



151,697


Marketing and selling

18,652



16,316



68,674



63,217


General and administrative

16,508



11,710



64,242



50,107


Other operating expense (income)

2,659



(1,032)



9,786



(898)


Total costs and expenses

278,946



198,972



979,827



846,709










Income (loss) from operations

1,657



(11,047)



(15,680)



24,643


Other expense

(2,593)



(1,002)



(10,219)



(9,015)










(Loss) income before income taxes

$

(936)



$

(12,049)



$

(25,899)



$

15,628


Income tax expense

(15,025)



(942)



(27,100)



(14,771)










Net (loss) income

$

(15,961)



$

(12,991)



$

(52,999)



$

857


















Net (loss) income per share, diluted

$

(0.06)



$

(0.05)



$

(0.19)



$

0.00










Weighted average outstanding diluted shares

279,612



276,313



278,602



282,576



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