DALLAS, March 24, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring semiconductor manufacturer Integrated Silicon Solutions Inc. (Nasdaq:ISSI). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.beaconequity.com/i/ISSI
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Integrated Silicon Solution Inc. (ISSI) is a fabless semiconductor company that designs and markets integrated circuits (ICs) for various markets, such as digital consumer electronics, networking, mobile communications, automotive electronics and industrial. The Company's primary products are high-speed and low-power static random access memory (SRAM), and low- and medium-density dynamic random access memory (DRAM). It also designs and markets application specific standard products (ASSP) primarily electrically erasable programmable read only memory (EEPROMs) and SmartCards focused on its key markets.
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In the report, the analyst notes:
"Revenue in the first fiscal quarter ended December 31, 2009, was $50.6 million, an 8.9% increase from revenue of $46.4 million in the September 2009 quarter and a 34.2% increase from revenue of $37.7 million in the December 2008 quarter.
"ISSI recently updated its financial guidance for the second fiscal quarter ending March 31, 2010. During the March quarter to date, the Company has experienced better-than-expected end market demand and pricing, primarily for its DRAM products. As a result, the Company is increasing its revenue and margin guidance for the quarter. In addition, due to higher than expected new product mask costs and non-executive employee compensation, the Company now expects its operating expenses to be higher than previously expected."
To read the entire report visit: http://www.beaconequity.com/i/ISSI
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