Fairchild Semiconductor (FCS) reported a first quarter adjusted loss of $0.02 per share Thursday morning, compared to the profit of $0.06 per share last year. The consensus estimate was for EPS of $0.04.
Fairchild Semiconductor gapped up slightly Thursday, but declined for the majority of the session. Shares finished down by 1.33 at $12.15 on strong volume. The stock sank to a 5-month low.
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