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National Semiconductor Reports Results for First Quarter Fiscal 2011

Tue, 09/14/2010 - 12:20pm
PowerPulse.net

National Semiconductor Corp. reported sales of $412.0 million and net income of $88.8 million, or 36 cents per diluted share, for the first quarter of fiscal 2011, which ended Aug. 29, 2010.

National’s first quarter sales were 3% higher sequentially from the $398.5 million in sales reported in the fourth quarter of fiscal 2010, and 31% higher than the $314.4 million reported in the first quarter of fiscal 2010.

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