RF Micro Sees Demand Surge

In its most recently completed quarter, the company earned $5.9 million on $177 million in sales. RF Micro is projecting sales of between $205 million and $212 million for the current quarter, up 16% to 20% sequentially.

Priddy said the company has taken various steps to pump up its gross margin, including bringing certain production processes in-house, improving factory yields and getting higher utilization rates at its fabrication facilities. More than anything though, he said, the company is focused on meeting increasing customer demand.