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TriQuint Named One of Fortune Magazine’s 100 Fastest-Growing Companies in 2011
TriQuint Semiconductor Inc., a RF solutions supplier and technology innovator, was named to Fortune Magazine’s™ annual 100 Fastest-Growing Companies list, featuring innovators in all aspects of the global economy. TriQuint ranked 49th in profit growth based on several financial performance metrics over a three-year period. TriQuint’s growth was due in part to significant design wins across several high-growth markets including smartphones, tablets, 3G/4G base stations, optical networks and cable systems.
“This recognition is confirmation that the passionate, devoted efforts of our employees and the products and solutions that we create have become a foundation for many of our customers,” said Ralph Quinsey, TriQuint President and CEO. “We will continue our focus on RF innovation and manufacturing technology to simplify our customers’ designs, and help them meet the demand for more connectivity now and in the future. This is an incredibly exciting time for TriQuint and our industry.”
To qualify for Fortune Magazine’s annual 100 Fastest-Growing Companies list, a company -- foreign or domestic -- must be trading on a major US stock exchange; report data in US dollars; file quarterly reports with the SEC and have a minimum market capitalization of $250 M. The companies that meet these criteria are ranked by revenue growth rate, EPS growth rate and three-year annualized total return for the period ended June 30, 2011. The data was provided by Zacks Investment Research. The data process was aided by information provided by Compustat, Hoover’s, Thomson Reuters, and Morningstar Document Research.