Intersil Corp (ISIL) Tops Q3 EPS by 2c, Offers Q4 Guidance
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Intersil Corporation Reports Third Quarter Results
October 28, 2015 4:06 PM EDTMILPITAS, Calif., Oct. 28, 2015 /PRNewswire/ --Â Intersil Corporation (NASDAQ: ISIL), a leading provider of innovative power management and precision analog solutions, today announced financial results for the third quarter of 2015. Revenue of $128.4 million was down 3.1% sequentially. Strong gross margin and lower operating expenses resulted in solid operating margin for the ninth consecutive quarter. The company reported GAAP earnings per share of $0.13 and non-GAAP earnings per share of $0.15.
Company Highlights
Gross margin exceeded expectations at 59.2% on a GAAP... More