Fairchild Semiconductor Intl Inc (FCS) reported quarterly earnings results on Thursday, Apr-21-2016. The company reported $0.10 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $0.14. The company posted revenue of $327.00 million in the period, compared to analysts expectations of $323.59 million. The company’s revenue was down -8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.
Many Wall Street Analysts have commented on Fairchild Semiconductor Intl Inc. Shares were Downgraded by FBR Capital on Feb 16, 2016 to ” Mkt Perform” and Lowered the Price Target to $ 20 from a previous price target of $22 .
Fairchild Semiconductor Intl Inc opened for trading at $19.97 and hit $20 on the upside on Monday, eventually ending the session at $19.99, with a gain of 0.05% or 0.01 points. The heightened volatility saw the trading volume jump to 2,58,268 shares. Company has a market cap of $2,270 M.
In a different news, on May 7, 2015, Anthony Lear (director) sold 7,000 shares at $19.14 per share price. According to the SEC, on Apr 22, 2015, Mark S Frey (Executive Vice President) sold 22,633 shares at $19.50 per share price. On Mar 9, 2015, Mark Thompson (President & CEO) sold 100,000 shares at $17.41 per share price, according to the Form-4 filing with the securities and exchange commission.
Fairchild Semiconductor International Inc. is focused on developing manufacturing and selling power management solutions. The Company is engaged in power analog and design as well as packaging. It also makes non-power semiconductor and micro-electro-mechanical systems (MEMS)-based solutions. Its products are used in various end market applications including industrial home appliance automotive mobile server and cloud computing lighting and consumer electronics. It develops a range of power and signal path products for industrial appliance cloud computing and automotive applications. The Company’s segments include Mobile Computing Consumer and Communication (MCCC); Power Conversion Industrial and Automotive (PCIA) and Standard Discrete and Standard Linear (SDT).