Semiconductor Companies Announce Quarterly Financial Results - Research Report on ON Semiconductor, Marvell, Atmel, Intersil,

Semiconductor Companies Announce Quarterly Financial Results - Research Report
          on ON Semiconductor, Marvell, Atmel, Intersil, and Cavium

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, August 28, 2013

NEW YORK, August 28, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting ON
Semiconductor Corp. (NASDAQ: ONNN), Marvell Technology Group Ltd. (NASDAQ:
MRVL), Atmel Corporation (NASDAQ: ATML), Intersil Corporation (NASDAQ: ISIL),
and Cavium, Inc. (NASDAQ: CAVM). Today's readers may access these reports free
of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

ON Semiconductor Corp. Research Report

On August 1, 2013, ON Semiconductor Corp. (ON Semiconductor) reported its Q2
FY 2013 (period ended June 28, 2013) financial results. Total revenues
declined 7.6% YoY, but grew 4.1% QoQ to $688.3 million. Net income
attributable to the Company stood at $47.7 million, or $0.11 per diluted
share, compared to $6.9 million or $0.02 in Q2 FY 2012. Keith Jackson,
President and CEO of ON Semiconductor, said, "Our design win momentum across
our targeted growth segments of wireless communications, automotive and white
goods remains strong, and our investments in these end-markets are yielding
positive results." He added, "Based upon product booking trends, backlog
levels, and estimated turns levels, we anticipate that total ON Semiconductor
revenues will be approximately $700 to $730 million in the third quarter of
2013. The outlook for the third quarter of 2013 includes stock-based
compensation expense of approximately $8 to $10 million." The Full Research
Report on ON Semiconductor Corp. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/513c_ONNN]

Marvell Technology Group Ltd. Research Report

On August 6, 2013, Marvell Technology Group Ltd. (Marvell) announced that
China Mobile's first self-branded smartphone, the Android-based M601, is
powered by the Marvell ARMADA Mobile PXA988 unified 3G platform, which
integrates a powerful processor with a mature and proven cutting-edge cellular
modem. According to the Company, its PXA988 platform is designed to deliver
high-performance computing with industry-leading graphics capabilities and
best-in-class, robust connectivity, enabling a high-performance,
cost-effective, Time Division Synchronous Code Division Multiple Access mobile
device for China Mobile's 720 million subscribers. Weili Dai, President and
Co-founder of Marvell said, "I am very proud of our collaboration with China
Mobile and Marvell's investment in developing advanced TD-SCDMA technology. I
am very thankful for the innovation, dedication and contributions made by the
China Mobile and Marvell global engineering teams." The Full Research Report
on Marvell Technology Group Ltd. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/4456_MRVL]

Atmel Corporation Research Report

On July 31, 2013, Atmel Corporation (Atmel) released its Q2 2013 financial
results. Net revenues were down 5.5% YoY and up 5.7% QoQ to $347.8 million. On
a GAAP basis, the Company's reported net income was $13 million, compared to
net income of approximately $0.8 million in Q2 2012, and compared to a net
loss of $47.7 million or $0.11 per diluted share in Q1 2013. Steve Laub,
Atmel's President and CEO, commented, "We are pleased with the progress we
made on improving our gross margin and remain focused on achieving our
long-term operating model goals." The Full Research Report on Atmel
Corporation - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/3d14_ATML]

Intersil Corporation Research Report

On July 30, 2013, Intersil Corporation (Intersil) released its financial
results for Q2 FY 2013 (period ending July 5, 2013). Revenues were down 11.1%
YoY and up 10.0% QoQ to $144.8 million. Gross margin stood at 55.2% compared
to 54.5% in Q2 FY 2012. Net income was $1.0 million, or $0.01 per diluted
share, compared to a net loss of $14.5 million or $0.11 per diluted share in
Q2 FY 2012. Additionally, Intersil provided its guidance for Q3 FY 2013
(period ending October 4, 2013), with GAAP revenue expected in the range of
$146 million to $152 million, and a loss per share in $0.03 to $0.01 range.
The Full Research Report on Intersil Corporation - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.analystscorner.com/r/full_research_report/bfbb_ISIL]

Cavium, Inc. Research Report

On July 31, 2013, Cavium, Inc. (Cavium) released its Q2 2013 financial
results. The Company's net revenue increased 6.7% QoQ to $74.2 million. On a
GAAP basis, net loss attributable to the Company was $4.3 million or $0.08 per
diluted share, compared to $3.2 million or $0.06 per diluted share in Q1 2013.
The Company's GAAP gross margins were 58.3% compared to 62.4% in Q1 2013. As
per non-GAAP results, the Company reported a Q2 2013 net income of $12.6
million or $0.23 per diluted share, compared to net income of $10.2 million or
$0.19 per diluted share in Q1 2013. Non-GAAP gross margins were 65.8% compared
to 65.4% in Q1 2013, and non-GAAP operating margins were 18.7% compared to
16.0% in Q1 2013. The Full Research Report on Cavium, Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/6c55_CAVM]

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