RF Micro Devices, Inc. (NASDAQ:RFMD) has succeeded to bag $9.7 million air force contract. As per the contract RF Micro will develop millimeter wave GaN integrated circuits. RF Micro is a leading company in the design and manufacture of high-performance radio frequency solutions. The agreement is signed with the Manufacturing and Industrial Technologies Directorate. The company will work with the Air Force Research Laboratory (AFRL) on the project. RF Micro Devices, Inc. (NASDAQ:RFMD) shares after opening at $8.42 moved to $8.42 on last trade day and at the end of the day closed at $7.99. Company price to sales ratio in past twelve months was calculated as 1.92 and price to cash ratio as 10.98. RF Micro Devices, Inc. (NASDAQ:RFMD) showed a positive weekly performance of 1.52%.
Microsemi Corp. logo Microsemi Corp. (NASDAQ:MSCC) posted its quarterly earnings results on Thursday. The company reported $0.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.51, AnalystRatingsNetwork reports. Microsemi Corporation (NASDAQ:MSCC) shares fell -6.13% in last trading session and ended the day on $24.04. MSCC return on equity ratio is recorded as 3.10% and its return on assets is 1.60%. Microsemi Corporation (NASDAQ:MSCC) yearly performance is 20.68%.
Sequans Communications SA ADR (NYSE:SQNS) fell after the company reported first quarter revenue that disappointed the analysts and second quarter guidance also fell short of expectations. The company posted loss of 13 cents a share, which was in line with the Capital IQ consensus estimate. Sequans Communications SA ADR (NYSE:SQNS) shares moved down -6.93% in last trading session and was closed at $1.88, while trading in range of $1.86 – $2.01. Sequans Communications SA ADR (NYSE:SQNS) year to date (YTD) performance is -6.00%.
On April 23, 2014, Electro Scientific Industries, Inc. (NASDAQ:ESIO) announced its preliminary financial results for the fourth quarter of fiscal 2014. Electro Scientific Industries, Inc. (NASDAQ:ESIO) weekly performance is -6.65%. On last trading day company shares ended up $8.85. Electro Scientific Industries, Inc. (NASDAQ:ESIO) distance from 50-day simple moving average (SMA50) is -7.70%. Analysts mean target price for the company is $13.00.