Fairchild Semi (FCS) Price Target Raised to $19 at Susquehanna
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Fairchild Reports Results for the First Quarter 2015
April 16, 2015 7:30 AM EDTSAN JOSE, Calif., April 16, 2015 (GLOBE NEWSWIRE) -- Fairchild (Nasdaq: FCS), a leading global supplier of power semiconductors, today announced results for the first quarter ended March 29, 2015. Fairchild reported first quarter sales of $355.7 million, up 6 percent from the prior quarter and 3 percent from the first quarter of 2014.
Fairchild reported first quarter net income of $1.1 million or $0.01 per diluted share compared to net losses of $42.7 million or $0.36 per diluted share in the prior quarter and $9.3 million or $0.07 per diluted share in the first quarter of 2014. Gross margin was 30.4 percent compared to 31.0 percent in the prior... More
