Integrated Silicon Solutions (ISSI) Misses Q2 EPS by 2c

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ISSI Announces Second Fiscal Quarter 2015 Results

April 29, 2015 9:01 AM EDT

MILPITAS, Calif., April 29, 2015 /PRNewswire/ -- Integrated Silicon Solution, Inc. (Nasdaq: ISSI) today reported financial results for the second fiscal quarter ended March 31, 2015.

Second Fiscal Quarter and Recent Highlights:

Total revenue of $80.1 million, compared to $80.9 million in the first fiscal quarter of 2015 and $80.9 million in the second fiscal quarter of 2014; Automotive revenue increased 6.7% from the prior year, and communications revenue increased 2.1% sequentially; Gross margin was 35.0%, compared to 36.0% in the first fiscal quarter of 2015 and 34.3% in the second fiscal quarter of 2014; GAAP net... More