IXYS Corp. (IXYS: Quote) reported first-quarter net income of $6.0 million or $0.19 per share, down from $10.0 million or $0.30 per share in the comparable quarter last year.
On average, 2 analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues for the latest quarter declined to $80.9 million from $101.8 million last year.
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by RTT Staff Writer
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