Intersil Corp (ISIL) Reports In-Line Q2 EPS

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Intersil Corporation Reports Second Quarter Results

July 29, 2015 4:01 PM UTC

MILPITAS, Calif., July 29, 2015 /PRNewswire/ -- Intersil Corporation (NASDAQ: ISIL), a leading provider of innovative power management and precision analog solutions, today announced financial results for the second quarter of 2015. Revenue of $132.4 million was down 1.3% sequentially. Strong gross margin and lower operating expenses resulted in solid operating margin for the eighth consecutive quarter. The company reported GAAP earnings per share of $0.28 and non-GAAP earnings per share of $0.16.

Company Highlights

Gross margin performance was... More