National Semiconductor reported sales of $314 million and net income of $29.8 million, for the first quarter of fiscal 2010. National’s first quarter sales were 12 percent higher than sales in the fourth quarter of fiscal 2009, when the company reported $281 million in sales, but lower than the $466 million reported in last year’s first fiscal quarter.

The sequential improvement in National’s first quarter sales was driven by increased demand for the company’s energy-efficient analog products, especially from distributors serving broad industrial markets. Net income of $29.8 million, was an increase from the net loss of $64 million in the fourth quarter of fiscal 2009. Fourth quarter fiscal 2009 results included $116 million of pre-tax charges related to restructuring expenses.