RF Micro Devices Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended December 29, 2012. For the quarter, the company reported income from operations of $5,680,000, income before taxes of $4,507,000 and net loss of $1,443,000 or $0.01 per diluted share on revenue of $271,213,000 compared to loss from operations of $2,184,000, loss before taxes of $4,268,000 and net loss of $9,393,000 or $0.03 per diluted share on revenue of $225,425,000 a year ago period. Non-GAAP operating income was $26,774,000 against $8,828,000 a year ago period. Non-GAAP net income was $21,280,000 or $0.08 per diluted share against $5,085,000 or $0.02 per diluted share a year ago period. Free cash flow was $29.6 million. Cash flow from operations was strong at $43.3 million. Free cash flow was approximately $30 million. Capital expenditures were $13.7 million.

For the nine months, the company reported loss from operations of $17,337,000, loss before taxes of $24,962,000 and net loss of $37,038,000 or $0.13 per diluted share on revenue of $683,544,000 compared to income from operations of $35,690,000, income before taxes of $27,677,000 and net income of $13,848,000 or $0.05 per diluted share on revenue of $683,427,000 a year ago period.

The company provided earnings guidance for the fourth quarter ending March 2013. The company expects quarterly revenue to decrease approximately 6-8% sequentially to approximately $250 million to $255 million, non-GAAP tax rate of approximately 22% and non-GAAP EPS of approximately $0.04 to $0.05.