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Intersil reports first quarter 2008 18-04-08

Intersil reported financial results for the quarter ended March 28, 2008. Net revenues were $203.7 million, a 21% increase from $167.7 million in the first quarter of 2007 and a 4% decrease from $212.6 million in the fourth quarter of 2007. Net income was $67.1 million, as compared to net income of $33.1 million in the same quarter last year. By end market, the first quarter revenues were as follows: high-end consumer (26.9% of revenues), computing (28.0% of revenues), industrial (21.6% of revenues), and communications (23.5% of revenues).

 


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