No one thinks the last report was horrible. Can you list your reasons? Top line sales were better than RFMD, SWKS or AVGO. Margins low because of new Fab? So! ===============================================
stockpro18 is a dip shlt I hope he shorts a lot, it will just help the cause.
A problematic quarter … Revenue in the quarter fell 10% to $227 million from last year as Triquint's Networks business, along with its Defense and Aerospace division, took a hit. The global economic weakness and budget cuts by the Department of Defense forced end users to cut down on infrastructure spending, which led to tepid demand for Triquint's products.
All the above factors along with capacity underutilization and a 50% jump in inventories hurt the company's gross margin, which fell to 30% in the quarter from 40% a year ago.