Intersil Corp (ISIL) Tops Q4 EPS by 6c, Offers Q1 Guidance

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Intersil Corporation Reports Fourth Quarter and Full Year Results

January 27, 2016 4:06 PM EST

MILPITAS, Calif., Jan. 27, 2016 /PRNewswire/ -- Intersil Corporation (NASDAQ: ISIL), a leading provider of innovative power management and precision analog solutions, today announced financial results for the fourth quarter and the year ended January 1, 2016. Fourth quarter revenue of $126.6 million was down 1.4% sequentially, resulting in revenue of $521.6 million for 2015. Gross margin increased again in 2015, and consistently solid operating results and spending controls throughout the year allowed the company to sustain strong profits and cash generation.

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