Spreadtrum Communications Inc.'s (SPRD) first-quarter net income attributable to the company totaled US$20.2 million, down from US$23.9 million in the prior year quarter. Net income per ADS for the quarter was US$0.38, compared to US$0.47 last year.
The Company's Non-GAAP net income per ADS was US$0.50, compared with US$0.57 per ADS in the year ago quarter.
Revenue in the first-quarter totaled US$189.01 million, up from US$161.11 million in the year ago quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.38 per share on revenues of $184.42 million for the quarter. Analysts' estimates typically exclude special items.
Looking ahead, Spreadtrum expects revenue for the second quarter to be in the range of US$220 million - US$228 million, with a slight improvement in gross margin relative to the first quarter 2013. Analysts expect the company to report revenues of $205.00 million for the second-quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.