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TriQuint Semiconductor, Inc. Message Board

  • tramafas tramafas Apr 25, 2012 5:25 PM Flag

    CRUS vs TQNT

    While CRUS forecast a bullish outlook TQNT forecast a loss for the second quarter.... TQNT shareholders fasten your seat belts as really bad turbulence is in your future.

    No question, they lost AAPL.

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    • humm seems like spin to me...

      on crus..

      "“Due to the timing of various product introductions later this year, the company expects to transition to a sharply higher level of revenue beginning in the September quarter,” Cirrus said. (Anyone smell an iPhone here? Just askin’.) The company said the new credit pact “provides access to additional working capital the company may need in order to support the production ramps of multiple new products this fall.”"

      on tqnt

      “Our revenue was better than normal seasonality in the first quarter and we saw signs of improvement in some of our infrastructure markets,”" CEO Ralph Quinsey said in a statement, “While we anticipate a challenging second quarter in the mobile devices market, specifically with our largest customer, I believe this dip will be temporary and remain confident about our long term position. We have achieved design win success with our new products and I believe we will return to normal revenue levels and growth in the second half of 2012.”

      they said the same dam thing...

    • but CRUS also indicated next quarter will be slow, then pick up later in the year.

      For Q1, Cirrus actually provided slightly disappointing guidance. The company is expecting revenue of $96 million to $106 million, below the Street at $106.6 million. But Cirrus said it expects growth to accelerate later this year – and announced that to support that growth it has signed a new one-year $100 million unsecured credit agreement.

      “Due to the timing of various product introductions later this year, the company expects to transition to a sharply higher level of revenue beginning in the September quarter,” Cirrus said. (Anyone smell an iPhone here? Just askin’.) The company said the new credit pact “provides access to additional working capital the company may need in order to support the production ramps of multiple new products this fall.”

    • Take your loss buy silver mining stocks exk Ag Svm slw

 
TQNT
18.99Aug 26 4:00 PMEDT