New to Zacks? Get started here.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
If you wish to go to ZacksTrade, click
OK. If you do not, click Cancel.
Back to top
Microsemi Launches 750W RF Transistor
Microsemi Corporation ( MSCC - Analyst Report) recently unveiled a 750 watt (W) RF transistor named MDSGN-750ELMV. The transistor is designed to provide highest power performance in air traffic control and accident avoidance equipment. The device can be used in applications such as secondary surveillance radar, which, in turn, is used to identify aircrafts within a range of about 200 miles from base.
A transistor is a semiconductor device used for the amplification and switching of electronic signals. It is the principal building block of modern electronic devices and is widely used in radios, calculators and computers.
The MDSGN-750ELMV is equipped to handle challenging Mode-S Extended Length Messaging (ELM) conditions. ELM helps to communicate weather and air traffic related information to aircrafts within a particular region. The new RF device can also be used in collision avoidance systems, IFF systems and commercial air-to-air traffic alerts.
Microsemi Corp. is a leading designer, manufacturer and marketer of analog, mixed-signal and discrete semiconductors. The company's semiconductors manage and regulate power, protect against transient voltage spikes and transmit, receive and amplify signals. The company's products include individual components, as well as complete circuit solutions that enhance customer end products by optimizing battery usage, reducing size or protecting circuits.
Microsemi’s adjusted earnings per share in the third quarter of fiscal 2013 came in at 42 cents, beating the Zacks Consensus Estimate by 4 cents or 10.5%. Microsemi reported revenues of $242.6 million, up 3.1% sequentially but down 6.4% year over year. For the fourth quarter of fiscal 2013, Microsemi expects revenues to increase 2–4%. The tax rate is likely to be 6.0%. Non-GAAP earnings per share are expected to be in the range of 51–55 cents.
Currently, Microsemi Corporation has a Zacks Rank # 3 (Hold). Other stocks that appear attractive for investments are Supertex Inc with a Zacks Rank # 1 (Strong Buy), and Magnachip Semiconductor Corp and Microchip Technology Inc ( MCHP - Analyst Report) , both with a Zacks Rank # 2 (Buy).