RDA Microelectronics first quarter net profit 7.6 million USD

Source: Internet
Author: User
Keywords Net profit first quarter microelectronics
US Eastern Time May 9 17:00 (Beijing time May 10 5:00) News, RDA Microelectronics (Nasdaq:rda) today released its unaudited results for the first quarter of fiscal year 2011 up to March 31.  The report showed that RDA Microelectronics's first-quarter revenue was $55.2 million, up 54.1% from $35.8 million a year earlier, down from $57.5 million in the previous quarter, with a net profit of $7.6 million trillion, the same period last year at 2.7 million dollars and a quarter of $2.5 million. Main achievements:-RDA Microelectronics's first-quarter revenue was 55.2 million U.S. dollars, up 54.1% from 35.8 million dollars in the same period last year, less than 57.5 million dollars in the previous quarter, exceeding the company's previous forecast of 52 million dollars to 5400 dollars;-RDA Microelectronics's first-quarter gross margin was 33.3%, More than 24.9% in the same period last year, and 32.4% in the previous quarter, exceeding the company's previous forecast of 32% to 33%;-RDA Microelectronics's net profit in the first quarter was $7.6 million, the same period last year at 2.7 million dollars, and the previous quarter at 2.5 million dollars;-  RDA Microelectronics earned $0.16 trillion in the first quarter of U.S. depository receipts per share, compared to $0.05 a year earlier, and 0.05 US dollars in the previous quarter. Performance forecast: RDA Microelectronics estimates that revenue for the second quarter of fiscal year 2011 was $65 million to 67 million U.S. dollars, with a gross margin of 33.4% to 34%.  This expectation reflects the current and preliminary views of RDA Microelectronics, which may be adjusted in the future. Conference call: After the earnings release, RDA Microelectronics is scheduled to hold a conference call on the eastern time of May 9 20:00 (Beijing time May 10 8:00). RDA Microelectronics Management will attend a conference call to read the earnings points and answer questions from analysts and investors.  To listen to the RDA Microelectronics conference call, US and Canadian investors can call 1-877-941-4775, China Hong Kong investors can call 852-3009-5027, international investors can call 1-480-629-9761, passwords are 4436500. Within 10 days of the two-hour call meeting, U.S. and Canadian investors can call 1-800-406-7325, and international investors can call 1-303-590-3030 to listen to RDA Microelectronics ' teleconference, with passwords of 4436500. In addition, investors can visit the Rdamicro.com Investor channel on the RDA Microelectronics website and listen to the webcast and audio recordings of the conference call, which will remain on the site for 30 days. (Tangfeng)
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