National Semiconductor (NSM) dropped in pre-market trading, after reporting a fall in second quarter earnings.
The stock was down 62 cents just before 8:30 am ET, declining to $9.65. If pre-market losses hold, the stock will open at its lowest level since Friday.
After the closing bell on Monday, National Semiconductor reported second quarter EPS of $0.14 compared to $0.33 in the prior year quarter.
Net sales for the quarter declined 15% to $421.6 million from $499.0 million in the previous year quarter.
Analysts expected the company to earn $0.21 per share for the quarter on revenue of $427.32 million.
Looking ahead, National anticipates that sales in the third quarter of fiscal 2009 will be down sequentially by about 30% depending on turns orders received in the quarter. Analysts expect revenue of $385.00 million for the quarter.
For comments and feedback contact: editorial@rttnews.com
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.