Looking to Q3, we expect gross margins to be approximately flat to slightly down, driven by unfavorable mix that is typical in the third quarter. During the second quarter, we completed a previously announced restructuring plan that resulted in a one-time restructuring charge of $8.3 million, and a reduction of our annual operating expenses by about $40 million.Read the rest of this transcript for free on seekingalpha.com
Intersil's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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