NEW YORK (TheStreet) --Shares of Fairchild Semiconductor Intl. Inc. (FCS - Get Report) are higher by 2.18% to $15.95 on heavy volume in late afternoon trading on Thursday, after the company reported net income for the 2014 second quarter was $17.8 million, or 14 cents per share, compared to a net loss of -$7.5 million, or -6 cents for the same period last year.
The company, which develops, sells, and manufactures semiconductor solutions, posted an 8% increase in sales to $371.6 million over the 2013 second quarter.
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"We rate FAIRCHILD SEMICONDUCTOR INTL (FCS) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share."
Separately, TheStreet Ratings team rates FAIRCHILD SEMICONDUCTOR INTL as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
FCS data by YCharts
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