Product category: Communications ICs (Wired)
News Release from: Intersil
Edited by the Electronicstalk Editorial Team on 01 May 2003
Intersil pleased with overall
performance
Intersil Corp has reported financial results for the first quarter ended 4th April 2003.
Intersil Corp has reported financial results for the first quarter ended 4th April 2003 On a generally accepted accounting principles (GAAP) basis, net revenue was $164.4 million, an increase of 23% from the first quarter of 2002
This article was originally published on Electronicstalk on 8 Jan 2001 at 8.00am (UK)
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GAAP net income for the first quarter of 2003 was $13.7 million or $0.10 per diluted share.
This compares to net income of $13.8 million or $0.13 per diluted share for the same period a year ago.
Intersil believes that adjusted revenue and earnings information is a more accurate representation of its quarterly operating performance and has therefore chosen to provide this information to investors for a more consistent basis of comparison.
Further reading
Intersil and Sony develop new wireless TV solution
Intersil has worked with Sony to develop Point Co-ordination Function (PCF) technology based on Intersil's latest Prism 2.5 wireless LAN chipset solution.