Back to IXYS
IXYS Announces Estimates for the March Quarter Including Record Annual Revenues for the Fiscal Year Ended March 31, 2012

IXYS Corporation (NASDAQ:IXYS), an international power semiconductor company, today announced certain preliminary estimates for the fourth fiscal quarter and fiscal year ended March 31, 2012.

Net revenues for the fourth quarter are estimated to be about $86 or $87 million. This would be an increase of about $6 million or $7 million over the revenues of $80 million in the December 2011 quarter.

The revenues for the fiscal year ended March 31, 2012 are estimated to be about $367 million or $368 million. This would mark another record revenue year and an increase of about $4 million or $5 million over the revenues in the fiscal year ended March 31, 2011.

The gross margin for the fourth quarter ended March 31, 2012 are estimated to be around 33% or 34%, which would be a significant increase over the gross margin of 28.9% in the December 2011 quarter.

Cash at March 31, 2012 is estimated to be at a record, about $99 million, which would be an increase of about $23 million from cash of about $76 million in March 31, 2011.

The estimates in this press release are based on preliminary data and analysis and are subject to final closing and audit of the Company’s books for the fiscal year ended March 31, 2012. Actual results may vary materially from the estimates contained herein, due to final adjustments to financial data and adjustments resulting from audit reviews, among other things.

The company will provide additional information and commentary (for the fourth quarter and fiscal year ended March 31, 2012) during its conference call, tentatively planned for late May 2012.

About IXYS Corporation

Since its founding in Silicon Valley, IXYS Corporation has been developing technology-driven products to improve energy conversion efficiency, generate clean energy, improve automation, and provide advanced products for the transportation, medical and telecommunications industries. IXYS, with its subsidiaries, is a worldwide pioneer in the development of power semiconductors, solid state relays, high voltage integrated circuits (HVIC), and microcontrollers that are necessary in conserving energy and in reducing the world’s dependence on fossil fuels.

Diminishing natural resources, demand for renewable energy and environmental directives for energy efficiency represent a significant challenge. IXYS’ power semiconductors and mixed-signal integrated circuits (IC) play a vital role in reducing energy costs and consumption by optimizing the energy efficiency of everyday products. With an end customer base of over 2,500 telecommunications, transportation, industrial, medical and consumer companies, IXYS is a worldwide recognized provider of advanced semiconductors.

Additional information may be obtained by visiting IXYS’ website at, or by contacting the company directly.

(c) 2015 Business Wire, Inc., All rights reserved. All of the news releases and other content contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. Any copying or reproduction (other than for an individual user's personal reference), redistribution, reposting or other transmission or communication is expressly prohibited without prior written permission of Business Wire, Inc
Back to IXYS
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki