Fairchild Semiconductor (FCS) Misses Q4 EPS by 20c

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Fairchild Reports Results for the Fourth Quarter and Full Year 2015

January 28, 2016 7:30 AM EST

SAN JOSE, Calif., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Fairchild Semiconductor (NASDAQ: FCS), a leading global supplier of power semiconductors, today announced results for the fourth quarter and full year 2015 ended December 27, 2015. Fairchild reported fourth quarter sales of $317.2 million, down 7 percent from the prior quarter and 6 percent from the fourth quarter of 2014.

Fairchild reported a fourth quarter net loss of $7.1 million or $0.06 per diluted share compared to a net loss of $8.2 million or $0.07 per diluted share in the prior quarter and a net loss of $42.7 million or $0.36 per diluted share in the fourth quarter of 2014. Gross... More