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Product category: Power Supply ICs and Controllers
News Release from: International Rectifier
Edited by the Electronicstalk Editorial Team on 08 August 2006

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International Rectifier has reported adjusted earnings of $33.8 million (or $0.47 per share) for the June quarter on revenue of $322.7 million.

International Rectifier has reported adjusted earnings of $33.8 million (or $0.47 per share) for the June quarter on revenue of $322.7 million This compares to adjusted earnings of $28.1 million (or $0.39 per share) for the March quarter on revenue of $297.1 million

For the prior-year June quarter, adjusted earnings were $38.4 million (or $0.54 per share) on revenue of $281.8 million.

Adjusted earnings for the June 2006 quarter excluded $5.2 million of pretax severance and restructuring charges, $13.6 million of pretax gain from the sale of an equity investment, and $1.4 million of pretax expenses associated with the proposed convertible debt offering, subsequently withdrawn, and the company's repatriation of special dividends under the American Jobs Cre