Intersil (ISIL) PT Bumped to $22 at Stifel
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Intersil Corporation Reports Strong Quarterly Results
October 24, 2016 4:05 PM EDTMILPITAS, Calif., Oct. 24, 2016 /PRNewswire/ -- Intersil Corporation (NASDAQ: ISIL), a leading provider of innovative power management and precision analog solutions, today announced financial results for the third quarter ended September 30, 2016. Third quarter revenue was up 4% sequentially and 8% year-over-year to $139.0 million.
Company Highlights
Consumer and Computing (C&C) revenue increased 6% sequentially and 9% year-over-year, the fourth consecutive quarter of year-over-year growth. Industrial and Infrastructure (I&I) revenue was up 2% sequentially and 8% year-over-year.... More