China Techfaith (CNTF) Posts Stronger Q1 Results; Guides Q2 Revs
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China Techfaith Wireless Communication Technology (NASDAQ: CNTF) reported Q1 EPS of $0.26, versus $0.07 reported last year. Revenue for the quarter came in at $78.7 million versus the consensus estimate of $60.9 million.
Sees Q2 2011 revenue of $82-$84 million.
Sees Q2 2011 revenue of $82-$84 million.
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