International Rectifier announced financial results for the third quarter (ended March 27, 2011) of its fiscal year 2011. Revenue for the third quarter fiscal year 2011 was $296.7 million, a 5.3% increase from $281.7 million in the second quarter fiscal year 2011 and a 22.7% increase from $241.9 million in the third quarter fiscal year 2010. The company reported a net income of $49.5 million, for the third quarter fiscal year 2011, compared with net income of $43.9 million, in the second quarter fiscal year 2011.