My favorite semiconductor crushed earnings:
TQNT TriQuint Semi beats by $0.05, beats on revs; guides Q3 revs above consensus (6.54 +0.38) Reports Q2 (Jun) earnings of $0.08 per share, excluding non-recurring items, $0.05 better than the First Call consensus of $0.03; revenues rose 33.2% year/year and 42% sequentially to $169.1 mln vs the $146.0 mln consensus. Co issues upside guidance for Q3, sees EPS of $0.08-0.10, excluding non-recurring items, vs. $0.08 consensus; sees Q3 revs of $170-180 mln vs. $159.3 mln consensus
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