Optimismen stiger hos National Semiconductor
National Semiconductor har præsenteret resultaterne for det første kvartal af 2010-regnskabsåret. Det går bedre end oprindelig forventet (in english).
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 millions 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.
National’s total company bookings in the first quarter increased by approximately 17 percent sequentially over the fourth quarter. The increase in overall bookings was driven by higher order rates in North America, Europe and Japan. Total company bookings exceeded billings in the first quarter.
National anticipates that sales in the second quarter of fiscal 2010 will increase approximately 3 percent to 8 percent sequentially, or a range of approximately $325 million to $340 million.
- Demand was better than we expected, especially for our power management products going into broad industrial applications. As a result, we were able to get our gross margins back above 60 percent, says Brian L. Halla, National’s chairman and CEO.
