Local News

Record Revenue Lifts RFMD Back Into Profitability

Posted July 26, 2006 1:33 a.m. EDT

— RF Micro Devices

, a developer of wireless communications solutions, is back in the black.

RFMD (Nasdaq: RFMD) reported record revenues of $238.3 million in the most recent quarter. The firm made a profit of $14 million, or 7 cents a share. It had reported a loss in the same quarter a year ago.

Increasing demand for cellular transceivers and transmit modules drove revenue growth, RFMD said.

RFMD has reported five consecutive quarters of revenue growth.