BRIEF: For the 13 weeks ended 29 March 2013, Intersil Corp revenues decreased 16% to $131.7M. Net income totaled $2.5M vs. loss of $3.3M. Revenues reflect Asia segment decrease of 18% to $100.1M, Europe segment decrease of 14% to $10.2M. Net Income reflects Research and development decrease of 16% to $37.3M (expense), Selling, general and administrative decrease of 11% to $30.4M (expense). Dividend per share remained flat at $0.12.
Class. A Com. $.01 Par, 04/11, 600M auth., 125,620,728 issd. Insiders and strategic own 0.69%. IPO: 2/25/00, 20M shs. @ $19 by CS First Boston. PO: 9/00, 11M shares (3M by the Co.) @ $48 by CS First Boston. FY '02 & '03 Qs restated due to disc. ops.
Intersil Corporation designs, develops, manufactures and markets analog and mixed-signal integrated circuits (ICs). The Company develops products for the consumer electronics market. The Company’s products are focused on its portfolio of Application-Specific Standard Products and General Purpose Proprietary Products, which are targeted within the industrial, computing, consumer and communications markets.