08.08.2016 13:34:56

Fairchild Semiconductor Reveals 12% Advance In Q2 Bottom Line

(RTTNews) - Fairchild Semiconductor (FCS) reported earnings for its second quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $15.6 million, or $0.13 per share. This was higher than $13.9 million, or $0.12 per share, in last year's second quarter.

Analysts had expected the company to earn $0.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.5% to $350.0 million. This was down from $355.2 million last year.

Fairchild Semiconductor earnings at a glance:

-Earnings (Q2): $15.6 Mln. vs. $13.9 Mln. last year. -Earnings Growth (Y-o-Y): 12.2% -EPS (Q2): $0.13 vs. $0.12 last year. -EPS Growth (Y-o-Y): 8.3% -Analysts Estimate: $0.17 -Revenue (Q2): $350.0 Mln vs. $355.2 Mln last year. -Revenue Change (Y-o-Y): -1.5%

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