June 2009 quarter is better than expected (RFMD) 2.76 +0.03 : Bob Bruggeworth, president and CEO, said during the conference that demand for RFMD's products in the June 2009 quarter is better than expected, and the co's factory utilization rate in the June quarter is currently above 75%, versus ~25% in the March 2009 quarter. Co also commented that RFMD's new, higher-margin products are representing an increasing percentage of total revenue. As a result, RFMD's gross margin is trending above plan. The expenses are on plan, and co is executing on its free cash flow projections of ~$80-120 million in RFMD's fiscal 2010. RFMD's capital expenditures were ~$4 million in the March 2009 quarter, and co expects capital expenditures to be ~$3-5 million in the June 2009 quarter. RFMD currently expects to decrease its net debt during the June 2009 quarter.