Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today reported unaudited results for its first quarter of fiscal year 2015 ended Dec. 28, 2014. Net sales for Microsemi’s first quarter of fiscal year 2015 were a record $303.6 million, up 18.8 percent from the first quarter…
DetailsMaxim Integrated Products, Inc. (NASDAQ: MXIM) reported net revenue of $567 million for its second quarter of fiscal 2015 ended December 27, 2014, a 2% decrease from the $580 million revenue recorded in the prior quarter, and a 9% decrease year over year. Tunc Doluca, President and Chief Executive Officer, commented, “We are pleased with…
DetailsEMS provider Plexus is kicking off 2015 with recording revenues of USD 665 million in the first quarter of the year, surpassing the company’s guidance of USD 630 to USD 660 million. Dean Foate, Chairman, President and CEO, commented, “Fiscal first quarter revenues were USD 665 million, relatively flat from the prior quarter and up…
DetailsRedwood City, Calif. — According to a recently published report by Dell’Oro Group, the trusted source for information about the networking and telecommunications industries, the Layer 2-3 Ethernet Switch market is expected to exceed $25 B in 2019. “Data center switching will evolve rapidly through the rest of the decade and will drive most of the growth…
DetailsCypress Semiconductor Corp. (NASDAQ: CY) today announced its fourth-quarter 2014 and fiscal year results, which included the remarks below from its president and CEO, T.J. Rodgers. Highlights for the quarter included: Revenue of $184.1 million and non-GAAP earnings per share of $0.13 met guidance 2014 non-GAAP operating expenses at a 15-year low 2014 non-GAAP earnings…
DetailsFairchild Semiconductor (Nasdaq:FCS), a leading global supplier of power semiconductors, today announced results for the fourth quarter and full year 2014 ended December 28, 2014. Fairchild reported fourth quarter sales of $336.6 million, down 12 percent from the prior quarter and 1 percent from the fourth quarter of 2013. Fairchild reported a fourth quarter net…
DetailsXilinx, Inc. (Nasdaq: XLNX) today announced third quarter fiscal 2015 sales of $594 million, down 2% from the prior quarter and up 1% from the same quarter of the prior fiscal year. Third quarter fiscal 2015 net income was $168 million or $0.62 per share, including a $0.2 per diluted share benefit primarily related to…
DetailsSmith & Associates, the largest independent distributor of electronic components, today announces its highest annual revenues since the company’s founding in 1984. With the strength of its global reach and expansive quality and inventory service programs, Smith reached US$747 million in annual revenue for 2014. This achievement comes on the heels of the company’s May…
DetailsFairview Microwave, Inc. a global supplier of on-demand microwave and RF components, appoints Ms. Lorie Slay as the Sales and Service Manager, a newly created position aimed to accelerate customer engagement and provide leadership to the company’s inside sales team. Ms. Slay brings more than 15 years of Sales and Service Management experience as well…
DetailsAvnet, Inc. (NYSE:AVT) today announced results for the second quarter fiscal year 2015 ended December 27, 2014. Sales for the quarter ended December 27, 2014 increased 1.8% year over year to $7.6 billion; and 4.6% in constant currency Adjusted operating income of $274.6 million increased 4.3% year over year and adjusted operating income margin of 3.6% increased…
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