Fairchild Semiconductor Posts Q2 Loss - Quick Facts

(RTTNews) - Fairchild Semiconductor International Inc. (FCS) reported a second-quarter net loss of $7.5 million or $0.06 per share, compared to net income of $11.9 million or $0.09 per share in the second quarter of 2012.

Adjusted net income was $1.7 million or $0.01 per share, compared to net income of $17.6 million or $0.14 per share in the second quarter of 2012.

On average, 13 analysts polled by Thomson Reuters expected the company to report profit of $0.08 per share for the quarter. Analysts' estimates typically exclude special items.

Sales were $356.5 million, down 1 percent from $361.5 million last year. Analysts expected revenue of $365.66 million for the quarter.

Gross margin was 29.1 percent, compared to 32.6 percent in the year-ago quarter.

Fairchild Semiconductor expects sales to be in the range of $355 million to $370 million for the third quarter. Analysts expect the company to report third-quarter sales of $388.21 million.