The company noted, however, that sales of components for 3G/4G smartphones rose 16% sequentially in the December quarter, and said it expects "normal seasonality" in the March-ending quarter. It plans to report its full third-quarter results on Jan. 24, and provide further guidance at that time.
The news weighed on other chip makers, such as TriQuint Semiconductor (TQNT), which lost nearly 4% to $4.76 on volume of more than 85,000; and SkyWorks Solutions (SWKS), which fell 3% to $16.60 with in excess of 55,000 shares changing hands.
Other stocks making news after the closing bell included Integra LifeSciences (IART), which forecast weaker than expected fourth-quarter results and said it's received a warning letter from the Food and Drug Administration related to quality systems and compliance issues at a collagen manufacturing facility in Plainsboro, NJ; ViroPharma (VPHM), which said it sees sales ranging from $600 million to $660 million in 2012 vs. current consensus estimate of $593.2 million; and Ruby Tuesday (RT), which gave a below-consensus outlook for its fiscal third quarter ending in February, saying it sees earnings of 12 to 16 cents a share vs. the average analysts' view of 27 cents a share because of increased advertising expenses.
Written by Michael Baron in New York.
>To contact the writer of this article, click here: Michael Baron.
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