Fairchild Semiconductor's (FCS) third-quarter net income declined to $24.7 million or $0.19 per share, from $35.8 million or $0.28 per share, and adjusted net income slid to $32.3 million or $0.25 per share, from $44.5 million or $0.34 per share in the prior-year quarter. On average, 14 analysts polled by Thomson Reuters expected earnings per share of $0.17 for the quarter. Analysts' estimates typically exclude one-time items.
Total revenue was $358.8 million, compared with $403.2 million in the 2011 third quarter. Analysts estimated revenues of $368.14 million for the quarter.
Looking forward, the company expects sales to be in the range of $330 million to $350 million for the fourth quarter, while 13 analysts project fourth-quarter revenue of $381.12 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.