Micrel (MCRL) Announces Quarterly Results
Micrel (NASDAQ:MCRL) released its earnings data on Friday. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.01, American Banking and Market News reports. The company had revenue of $60.00 million for the quarter, compared to the consensus estimate of $59.30 million.
Shares of Micrel (NASDAQ:MCRL) opened at 10.01 on Friday. Micrel has a 1-year low of $8.60 and a 1-year high of $10.92. The stock has a 50-day moving average of $9.82 and a 200-day moving average of $9.65. The company has a market cap of $570.8 million and a P/E ratio of 63.14.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, February 27th. Stockholders of record on Thursday, February 13th will be paid a dividend of 0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.03%.
Micrel, Incorporated (NASDAQ:MCRL) designs, develops, manufactures and markets a range of analog power integrated circuits (ICs), mixed-signal ICs and digital ICs.
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