IXYS Corp (IXYS) Tops Q4 EPS by 4c

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IXYS (IXYS) PT, Estimate Trimmed at Needham & Company Post Q4

June 5, 2014 6:28 AM EDT

Needham & Company analyst Vernon Essi trimmed estimates and his price target on Buy-rated IXYS Corporation (NASDAQ: IXYS) to $14.00 (from $15.00) but maintained a Buy rating following Q4 results.

Essi commented, "IXYS delivered the fifth consecutive quarter of revenue growth; however, GM was 250bps below our... More