Intersil: second quarter 2007 financial results

Intersil reported for the quarter ended June 2007, net revenues of $178.3 million, a 5% decrease from $187.6 million in the second quarter of 2006 and a 6% increase from $167.7 million in the first quarter of 2007. Net income was $31.2 million, as compared to net income of $43.0 million in the same quarter last year. For the first quarter of 2007, the Company reported net income of $33.1 million. By end market, Intersil's second quarter revenues were as follows: high-end consumer (27.7% of revenues), computing (25.0% of revenues), industrial (24.5% of revenues), and communication (22.8% of revenues).