MANHASSET, N.Y. Semiconductor suppliers continued to exhibit mixed results in their March quarter earnings Tuesday (April 19), with SigmaTel Inc. reporting robust sales but Sirenza Microdevices Inc. seeing sales decline.
Analog and mixed-signal supplier SigmaTel (Austin, Texas) earned $25.5 million or 68 cents per diluted share on sales of $99.3 million in the first quarter, up from $19.5 million, or 52 cents per share on sales of $78.6 million in the previous quarter.
SigmaTel's first-quarter sales included over 14 million portable SoC solutions for flash and hard-drive MP3 players. The company is also ramping up sales of audio codecs.
For the second quarter, SigmaTel expects sales of $86.0 to $95 million, with net earnings of $18.1 to $21.3 million.
RF semiconductor supplier Sirenza Microdevices (Broomfield, Conn.) recorded a first-quarter net loss of $1.8 million, or 5 cents per share, on sales of $12.2 million, down from earnings of $0.16 million on sales of $13.8 million in the year-ago quarter. Sirenza's results met revised guidance issued at the end of March.
Sirenza said it experienced order deferrals and shipment delays arising from revised OEM forecasts in the first quarter. The company has downgraded its full 2005 revenue expectations to reflect first-quarter results.