Spreadtrum Communications Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company's revenue was $161.1 million compared with $189.0 million a year ago. Operating income was $25.9 million compared with $22.6 million a year ago. Income before income tax and equity in loss of affiliates was $27.4 million compared with $22.5 million a year ago. Net income was $23.95 million compared with $20.3 million a year ago. Net income attributable to the company was $24.3 million or $0.47 per diluted ADS share compared with $20.3 million or $0.38 per diluted ADS share a year ago. Non-GAAP operating income was $30.9 million compared with $28.8 million a year ago. Non-GAAP net income was $29.3 million or $0.57 per diluted ADS share compared with $26.5 million or $0.50 per diluted ADS share a year ago. Cash flow generated from operations was $17.4 million, compared with cash flow generated from operations of $21.0 million in the first quarter of 2012. The company used $11.4 million on intangible assets for the quarter. For the second quarter of 2013, the company expects revenue to be in the range of $220 million to $228 million, which is an increase of 16.4% to 20.6%, with a slight improvement in gross margin relative to the first quarter 2013.

Spreadtrum Communications Inc. announced that it has terminated the employment of Chief Technology Officer Qiuzhen (Joe) Zou, effective as of the close of business, April 25, 2013. The company does not intend to replace the position in the immediate future, and has made plans for Zou's responsibilities to be assumed by other members of the company's senior engineering management.

Spreadtrum Communications Inc. Presents at Jefferies 2013 Global Technology, Media and Telecom Conference, May-09-2013 03:00 PM. Venue: The Westin New York, Times Square Hotel, New York, New York, United States. Speakers: Diana Jovin, VP of IR & Strategy.