Fairchild Semiconductor Q1 Net Loss Widens Significantly - Quick Facts

(RTTNews) - Fairchild Semiconductor International Inc. (FCS) reported first-quarter 2014 net loss of $9.3 million or $0.07 per share, versus a loss of $0.5 million or $0.00 per share, last year. On average, 12 analysts polled by Thomson Reuters expected earnings per share of $0.03 for the quarter. Analysts' estimates typically exclude one-time items.

The company generated quarterly sales of $344.1 million, slightly higher than $343.2 million in the first quarter of 2013. Eleven analysts estimated revenues of $348.63 million for the quarter.

Looking ahead, the firm expects sales to be in the range of $355 million to $375 million for the second quarter.