IXYS Reports Profit For Q4 - Quick Facts

(RTTNews) - Semiconductor maker IXYS Corp. (IXYS) Wednesday reported a net profit for the fourth quarter, compared with loss last year, chiefly due to a growth in revenue.

For the three months to March, the company reported a net profit of $132,000 or breakeven earnings per share, compared with a loss of $1.9 million or $0.06 per share a year ago.

On average, 2 analysts polled by Thomson-Reuters estimated the company's earnings to be $0.09 for the quarter. Analysts' estimates typically exclude one-time items.

Excluding amortization of intangible assets and stock compensation, profit stood at $4.05 million or $0.13 per share, compared with a loss of $958,000 or $0.03 per share last year.

Fourth quarter net revenues grew to $89.89 million from $66.88 million in the same period last year. Analysts expected revenues of $91 million.

Looking ahead, the company expects first-quarter revenues to be slightly higher than fourth quarter's.