Intersil Posts Q4 Profit

(RTTNews) - Intersil Corp. (ISIL) Wednesday reported fourth-quarter net income of $7.51 million or $0.06 per share, compared to a loss of $21.82 million or $0.17 per share last year.

Adjusted earnings for the quarter were $25.51 million or $0.19 per share.

Revenues grew to $145.99 million from $137.45 million last year.

Aalysts polled by Thomson Reuters expected earnings of $0.17 per share on revenues of $145.32 million for the quarter. Analysts' estimates typically exclude special items.

Looking forward to the first quarter, the company expects earnings of $0.03 to $0.05 per share, adjusted earnings of $0.13 to $0.15 per share and revenues of $134 to $140 million. Analysts currently estimate earnings of $0.15 and revenues of $139.69 million for the quarter.