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Technology / AI and automation

COMPANY RESULTS

Microsemi Corp saw third quarter net up 98.2% at $1.1m on turnover down 3.7% at $30.3m; net profit for the year so far was up 17.2% at $2.4m, against a period that included a gain of $1.2m for the cumulative effect of an accounting change, on turnover that fell 6.4% to $88.0m. Net earnings per share rose 71.4% to $0.12 in the quarter, 16.7% to $0.28 in the nine months. Comparisons are made against figures reflecting 13 and 40 weeks.

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CBR Staff Writer

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