Integrated Silicon Solution (ISSI) Releases Quarterly Earnings, Misses Expectations By $0.06 EPS
Integrated Silicon Solution (NASDAQ:ISSI) announced its earnings results on Tuesday. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.26 by $0.06, ARN reports. The company had revenue of $78.40 million for the quarter, compared to the consensus estimate of $80.20 million.
A number of analysts have recently weighed in on ISSI shares. Analysts at Zacks upgraded shares of Integrated Silicon Solution from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $11.20 price target on the stock.
Integrated Silicon Solution (NASDAQ:ISSI) opened at 11.97 on Tuesday. Integrated Silicon Solution has a one year low of $8.18 and a one year high of $11.99. The stock’s 50-day moving average is $10.74 and its 200-day moving average is $10.23. The company’s market cap is $346.7 million.
Integrated Silicon Solution, Inc (NASDAQ:ISSI) is a fabless semiconductor company that designs and markets integrated circuits (ICs) for markets, including automotive, communications, industrial, medical and military, and digital consumer.
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