Press Release Source: IXYS Corporation On Wednesday April 20, 2011, 4:30 pm MILPITAS, Calif. & BIEL, Switzerland--(BUSINESS WIRE)-- IXYS Corporation (Nasdaq:IXYS - News), an international power semiconductor company, today announced certain preliminary estimates for the fourth quarter of fiscal year 2011, which ended on March 31, 2011.
Net revenues for the fourth quarter are expected to be in the range of $95 million to $97 million. This would mark another record revenue quarter for IXYS, as well as the seventh consecutive quarter of revenue growth.
Revenues for the fiscal year ended March 31, 2011 are estimated to be in the range of $362 million to $364 million.
Looks quite good. The key variable will be gross margins (last Q was a bit disappointing). It looks like IXYS is finally on the verge of delivering its first $100M Q (in revenues). It would be nice to finally see the shares break the $15 mark.