TriQuint Announces Second Quarter 2013 Results

TriQuint Semiconductor, Inc. (TQNT), a leading RF solutions supplier and technology innovator, announces its financial results for the quarter ending June 29, 2013, including the following highlights:

• Revenue for the quarter was $190.1 million
• GAAP net loss for the quarter was $14.9 million, or $(0.09) per share
• Non-GAAP net loss for the quarter was $10.9 million, or $(0.07) per share
• Mobile Devices market revenue grew 12% sequentially and 5% over the same period a year ago
• Repurchased 7.7 million shares for $51.1 million

  Published: 25 July 2013

  Written by Editor

  Nasdaq   High Tech   Financial Results   Up on News   Interesting News  

  Read more: TriQuint Semiconductor Inc ( TQNT )

Eagle Hill Consolidates 100% of the Windfall Lake Gold Deposit and Arranges $12 Million Private Placement

06/28/13 -- Eagle Hill Exploration Corporation (TSX VENTURE:EAG) ("Eagle Hill" or the "Company") is pleased to announce that it has entered into a binding letter agreement ("Noront Transaction") to acquire the remaining 25% ownership along with all other interests in the mineral claims of the Windfall Lake Property from Noront Resources Ltd. ("Noront"). Further, the Company has entered into financing agreements with Southern Arc Minerals Inc. ("Southern Arc") and Dundee Corporation ("Dundee") to provide a total of $12 million through two private placements of units (together with the Noront Transaction, the "Transactions").

Tsinghua Unigroup Announces Offer to Buy Spreadtrum Communications

Tsinghua Unigroup Ltd. ("Unigroup") today confirmed that it has made a non-binding offer to acquire Spreadtrum Communications, Inc. (NASDAQ: SPRD) ("Spreadtrum" or the "Company") for $28.50 in cash per American Depositary Share (the "Transaction"). Spreadtrum is a leading fabless semiconductor provider in China with advanced technology in 2G, 3G and 4G wireless communications standards. The offer represents a premium of 20.1% over the closing price of the Company's shares on June 19, 2013, the day preceding the delivery of the offer and 44.3% over the volume weighted closing price of the Company's shares for the 30 trading days preceding the delivery of the offer.

Spreadtrum Updates Financial Guidance for Second Quarter 2013

Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the "Company"), a leading fabless semiconductor provider in China with advanced technology in 2G, 3G and 4G wireless communications standards, today updated its financial guidance for the second quarter ending June 30, 2013.  The company now expects that its revenues will be between US$270 million and US$278 million, an increase of 42.9% to 47.1% over the first quarter. The Company's previous guidance for the second quarter revenue was US$220 million to US$228 million. The Company continues to expect an improvement to gross margin.