Intersil (ISIL) Consumer Sales Show Positive Read-Through for Cirrus Logic (CRUS)

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Intersil (ISIL) Preliminary Q3 Revs Miss Expectations

October 9, 2012 8:01 AM EDT

Intersil Corporation (Nasdaq: ISIL) reported preliminary revenue for its third quarter ended September 28, 2012.

Revenue for the third quarter of 2012 was approximately $151 million, a 19% decrease from $186.8 million in the third quarter of 2011, and a 7% decrease from $163.0 million in the second quarter of 2012. Weakness in... More

JPMorgan Downgrades Intersil (ISIL) to Underweight

October 8, 2012 6:33 AM EDT

JPMorgan downgraded Intersil (NASDAQ: ISIL) from Neutral to Underweight with a price target of $5.00 (from $8.00).

For an analyst ratings summary and ratings history on Intersil click here. For more ratings news on Intersil click here.

Shares of Intersil closed at $8.11 yesterday, with a 52 week range of $8.09-$12.97.... More