National Semiconductor reported sales of $345 million and net income of $47.0 million, for the second quarter of fiscal 2010, which ended Nov. 29, 2009. National’s second quarter sales were 10 percent higher than the first quarter of fiscal 2010, when the company reported $314 million in sales, but lower than the $422 million reported in last year’s second fiscal quarter.
Sequential improvement in second quarter sales was driven mainly by increased demand in industrial markets, which are primarily served through distributors. Second quarter net income of $47.0 million, was an increase from the $29.8 million, in the first quarter of fiscal 2010. In last year’s second quarter, National reported net income of $36.3 million