Microsemi (MSCC) Tops Q2 EPS by 2c
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Microsemi Reports Second Quarter 2015 Results
April 23, 2015 4:02 PM EDTALISO VIEJO, Calif., April 23, 2015 /PRNewswire/ -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today reported unaudited results for its second quarter of fiscal year 2015 ended March 29, 2015.
Net sales for Microsemi's second quarter of fiscal year 2015 were $296.2 million, up 3.2 percent from the second quarter of 2014. Gross margin on both a GAAP and non-GAAP basis for the second quarter of 2015 was 57.1 percent.
GAAP gross margin improved 170 basis points from 55.4... More
