Intersil Corp (ISIL) Reports In-Line Q1 EPS
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Intersil Corporation Reports First Quarter Results
April 26, 2016 4:02 PM EDTMILPITAS, Calif., April 26, 2016 /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 ended April 1, 2016. First quarter revenue of $129.3 million was up 2.1% sequentially. Gross margin also increased sequentially, operating expenses remained in line with expectations, and the company sustained strong operating income levels.
Company Highlights
Consumer and Computing (C&C) revenue was better than seasonal, increasing year-over-year by over 8%.... More