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WJ Communications Inc of San Jose, CA, USA, which designs and supplies RF products for wireless infrastructure, RFID and WiMAX markets, now expects fourth-quarter 2007 revenue of $10.5-10.6m, above the updated estimate of $10.2-10.5m that it released on 8 January (which itself was up on November’s guidance of $9.3-10.3m, due to strength within the distribution side of the business). The new estimate is 7-8% up on Q3/2007’s revenue.

WJ also expects to be profitable on a non-GAAP basis for the third consecutive quarter (since closing its wafer manufacturing facility in March 2007) and to generate $3.5m in cash (up from the previous estimate of $3.3m). Cash, cash equivalents and short-term investments balance is expected to be about $16.7m (as at the end of 2007).

Also, a customer that had delayed qualification of several cost-reduced parts during 2007 has now awarded WJ a substantial portion of their next procurement, which will allow WJ to re-engage with what it describes as a key customer. Shipments are expected to begin in second-quarter 2008 at the rate of about $400,000 per quarter.

WJ expects to report fourth-quarter and year-end 2007 results in late February.

See related items:

WJ Communications receives TD-SCDMA MCM Chipset order from China

WJ now expects Q4/2007 revenue to be up on Q3

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