IXYS Corp (IXYS) Reports Q3 EPS of $0.16
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IXYS Corporation Announces Results for the December 2016 Quarter
February 2, 2017 4:30 PM ESTGrowth in Net Revenues, Gross Margins and Net Income Reported
Quarter-End Highlights:
Net revenues for the quarter were $79.5 million, an increase of 5.8%, as compared to $75.1 million in net revenues during the December 2015 quarter. Net income for the quarter ended December 31, 2016 was $5.1 million, or $0.16 per diluted share, an increase of $2.8 million, or 123.1%, as compared to $2.3 million in net income, or $0.07 per diluted share, for the prior year comparable quarter. Gross profit was $26.9 million, or 33.9% of net revenues, which favorably compares to the $24.0 million gross profit,... More