Intersil Corp (ISIL) Tops Q1 EPS by 2c
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Intersil Corporation Reports First Quarter Results
April 29, 2015 4:02 PM EDTMILPITAS, Calif., April 29, 2015 /PRNewswire/ --Â Intersil Corporation (NASDAQ: ISIL), a leading provider of innovative power management and precision analog solutions, today announced financial results for the first quarter of 2015. Revenue of $134.2 million was up 2.3% sequentially. The company reported a GAAP net loss of $68.8 million resulting from a charge related to intellectual property litigation. Non-GAAP earnings per share of $0.17 exceeded expectations due in part to lower than anticipated operating expenses but also as a result of record... More
