Revenue Update on IXYS Corporation(NASDAQ:IXYS)

IXYS Corporation(NASDAQ:IXYS) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $80.64M. Analysts estimated a revenue of $79.93M. Earnings per share were $0.14. Analysts had estimated an EPS of $0.19.

IXYS Corporation (IXYS) shares turned negative on Thursdays trading session with the shares closing down -0.13 points or -1.19% at a volume of 62,838. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $11. The peak price level was also seen at $11 while the days lowest was $10.74. Finally the shares closed at $10.78. The 52-week high of the shares is $14 while the 52-week low is $9.585. According to the latest information available, the market cap of the company is $338 M.

Several Insider Transactions has been reported to the SEC. On Oct 23, 2015, Donald L Feucht (director) sold 2,000 shares at $13.50 per share price.Also, On Sep 4, 2015, Samuel Kory (director) sold 11,250 shares at $11.51 per share price.On Aug 17, 2015, S Joon Lee (director) sold 11,250 shares at $11.05 per share price, according to the Form-4 filing with the securities and exchange commission.

IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company is engaged in the development manufacture and marketing of power semiconductors advanced mixed-signal integrated circuits (ICs) application specific integrated circuits (ASICs) microcontrollers systems and radio frequency (RF) power semiconductors. Its power semiconductor products are divided into two primary categories: power metal-oxide-silicon (MOS) including power metal-oxide-silicon field-effect transistor (MOSFETs) and insulated-gate bipolar transistors (IGBTs) and power bipolar products including rectifiers and thyristors. Its IC’s include microcontrollers solid-state relays line card access switch (LCAS) and data access arrangements (DAA) integrated products application specific integrated circuits and power management and control ICs. The Company also manufactures and sells laser diode drivers high voltage pulse generators and modulators.

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