Product category: Power Supply ICs and Controllers
News Release from: Fairchild Semiconductor
Edited by the Electronicstalk Editorial Team on 24 July 2006
Fairchild reports steady progress
Fairchild Semiconductor has announced results for the second quarter ended 2nd July 2006.
Fairchild Semiconductor has announced results for the second quarter ended 2nd July 2006 Fairchild reported second quarter sales of $406.3 million, a 1% decrease from the prior quarter and 17% more than the second quarter of 2005
This article was originally published on Electronicstalk on 28 Feb 2001 at 8.00am (UK)
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Fairchild's second quarter returned to the normal 13 week duration compared with the first quarter of 2006 that included 14 weeks.
Fairchild reported second quarter net income of $23.0 million or $0.18 per diluted share compared with a net income of $26.6 million or $0.21 per diluted share in the prior quarter and a net loss of $205.3 million or $1.71 per share in the second quarter of 2005.
Gross margin was 30.8%, 90 basis points higher sequentially and 10.9% higher than in the second quarter of 2005.