$展讯通信(SPRD)$ 二季度盈利报告择要： Total revenue was US$277.8 million, up 47.0% sequentially and 60.5% year-over-year (y-o-y), at the top end of the Company's previously guided range of US$270 - US$278 million. Non-GAAP net income was US$51.8 million, up 95.6% sequentially and 74.8% y-o-y. Non-GAAP net income per diluted ADS was US$0.95, an increase from US$0.50 in the prior quarter and from US$0.58 in 2Q12. $277.8Mln vs. 274mln expected (raised after mid June update) and 223mln expected (before update)..... Chairman and CEO Dr. Leo Li said, "In the second quarter we saw very strong demand for entry-level smartphones based on our single-core smartphone chipsets. We expect this trend to continue well into 2014 as wireless subscribers replace feature phones with their first smartphone。In the second quarter, we increased our market share in midrange handsets as well, having achieved volume shipments of our dual-core smartphone chipsets to both China and global handset makers. Further, we are now shipping our first WCDMA chipset in volume, which expands our addressable market to include global 3G devices. The adoption of this chipset by the world's largest handset maker is a validation of the product quality and maturity we are now bringing to this market segment."
$0.95 excluding non-occurring items vs. $0.72 expected (raised after mid June) and $0.49 before June update, beating recent raised expectation $0.72 by $0.23!!!.
Some latest highest expectation from a different broker just a two days ago was $0.84 but still beat by $0.11.