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Technology Stocks : International Rectifier (IRF) -- Ignore unavailable to you. Want to Upgrade?


To: UUplink who wrote (1612)7/25/2002 4:42:45 PM
From: TechieGuy-alt  Read Replies (1) | Respond to of 1712
 
<font color=green>INTERNATIONAL RECTIFIER REPORTS JUNE QUARTER RESULTS

Pretty impressive results, specially considering the slide today and over the last month.

One would have thought that they were going to either report a loss or guide to a loss!

This is one of a handful of strong companies that is consolidating its position in the face of a weak market.

TG

EL SEGUNDO, CA. - July 25, 2002 - International Rectifier Corporation (IRF/NYSE) today reported strong top-line growth, with June-quarter revenues up 13 percent compared to the March quarter. The company reported net income of $16.1 million (or $0.25 per share) on revenues of $201.0 million for the quarter ended June, compared to net income of $12.2 million (or $0.19 per share) on revenues of $178.6 million in the March quarter.
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