Intersil Affirms Third-Quarter 2002 Revenue Guidance

September 05, 2002 by Jeff Shepard

Intersil Corp. (Irvine, CA) announced that it is affirming its revenue and earnings guidance for the third quarter of 2002. Intersil's CFO Dan Heneghan said, "We are having another solid quarter. Previously, we guided for six to eight percent sequential revenue growth in the September quarter, and it now looks like we will achieve eight percent growth. As our costs are also in line with previous expectations, we anticipate meeting our adjusted earnings per share goal of $0.18."