BRIEF: For the 40 weeks ended 04 October 2013, Intersil Corp revenues decreased 9% to $429.2M. Net loss decreased 71% to $4.7M. Revenues reflect Asia segment decrease of 3% to $115.7M. Lower net loss reflects Research and development decrease of 20% to $103.1M (expense), Selling, general and administrative decrease of 14% to $86.4M (expense). Dividend per share remained flat at $0.36.
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 manufactures and markets analog, mixed-signal, and power management integrated circuits (IC).The Company’s products are focused on its portfolio of industrial & infrastructure, consumer and personal computing electronics markets. The Company operates primarily in China, the United States , South Korea, Taiwan and Japan. The Company's products enable multiple functions in thousands of industrial and infrastructure systems. The Company's products provide the power management functions for all types of personal computers, including Ultrabooks, Notebooks and desktops. The Company's products enable multiple functions for consumer electronics, including smart phones, tablets, displays and many other consumer electronic devices.