updated 9/29/2010 7:16:00 AM ET 2010-09-29T11:16:00

DALLAS, Sept. 29, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring RF Micro Devices Inc. (Nasdaq:RFMD). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/RFMD

RF Micro Devices Inc. (RFMD) designs and manufactures radio frequency components and compound semiconductors. The Company's products provide connectivity and support functionality in the cellular handset, wireless infrastructure, wireless local area network, cable television/broadband and aerospace, and defense markets. RFMD manufactures gallium arsenide-based compound semiconductors. It accesses silicon, silicon germanium and other technologies through various foundries. The Company operates two synergistic product groups: cellular products group and multi-market products group, both of which focus on RF components with emphasis on compound semiconductor technology. During the fiscal year ended March 28, 2009 (fiscal 2009), the Company's CPG supplied handset original equipment manufacturers and original design manufacturers. On April 26, 2008, the Company completed the acquisition of Universal Microwave Corporation. 

Message Board Search for RFMD: http://www.boardcentral.com/boards/RFMD

In the report, the analyst notes:

"RFMD reported financial results for its fiscal 2011 first quarter, ended July 3, 2010. RFMD's quarterly revenue increased 29% year-over-year and 5% sequentially to $273.8 million. On a GAAP basis, gross margin equaled 37.4%, quarterly operating income totaled $40.6 million, and quarterly net income was $28.1 million, or $0.10 per diluted share.  

"RFMD recently announced the introduction of the RFUV5945A during the European Microwave Week (EuMW) 2010 Conference. The RFUV5945A I/Q up-converter is the newest addition to RFMD's rapidly growing portfolio of innovative components for microwave and millimeter wave radio applications."

To read the entire report visit: www.microstockprofit.com/lp/RFMD

See what investors are saying about RFMD at http://www.stockhideout.com

Get breaking news on RFMD at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

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