IXYS Corporation (IXYS) Releases Earnings Results, Beats Expectations By $0.03 EPS

IXYS Corporation (IXYS) reported quarterly earnings results on Thursday, May-26-2016. The company said it had a profit of $0.19 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.16. The company posted revenue of $79.80 million in the period, compared to analysts expectations of $75.51 million. The company’s revenue was down -3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

IXYS Corporation closed down -0.25 points or -2.33% at $10.5 with 77,039 shares getting traded on Wednesday. Post opening the session at $10.76, the shares hit an intraday low of $10.49 and an intraday high of $11 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Oct 23, 2015, Donald L Feucht (director) sold 2,000 shares at $13.50 per share price. According to the SEC, on Sep 4, 2015, Samuel Kory (director) sold 11,250 shares at $11.51 per share price. On Aug 17, 2015, S Joon Lee (director) sold 11,250 shares at $11.05 per share price, according to the Form-4 filing with the securities and exchange commission.

IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company is engaged in the development manufacture and marketing of power semiconductors advanced mixed-signal integrated circuits (ICs) application specific integrated circuits (ASICs) microcontrollers systems and radio frequency (RF) power semiconductors. Its power semiconductor products are divided into two primary categories: power metal-oxide-silicon (MOS) including power metal-oxide-silicon field-effect transistor (MOSFETs) and insulated-gate bipolar transistors (IGBTs) and power bipolar products including rectifiers and thyristors. Its IC’s include microcontrollers solid-state relays line card access switch (LCAS) and data access arrangements (DAA) integrated products application specific integrated circuits and power management and control ICs. The Company also manufactures and sells laser diode drivers high voltage pulse generators and modulators.

IXYS Corporation

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