China TechFaith (CNTF) Reports Mixed Q3 Earnings; Guides Q4 Sales Above the Street

November 17, 2008 4:17 PM EST

China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) reports Q3 EPS of $0.01, versus $0.04 in Q307. Revenue for the quarter was $50.8 million, compared to $38.4 million in the same quarter last year.

Sees Q4 sales of $43-$48 million, versus the Street estimate of $33.68 million.

China Techfaith Wireless Communication Technology Limited is an original developed product provider focused on research and development of cell phone solutions based in China.


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