IXYS Estimates Record Revenues of Over $100M in the June Quarter

IXYS Corporation IXYS today announced certain preliminary estimates for the first quarter of fiscal year 2012, which ended on June 30, 2011. Net revenues for the quarter ended June 30, 2011 are expected to be in excess of $100 million. This would mark the first time in IXYS' history that the Company has achieved revenues in excess of $100 million in a single quarter, as well as being the eighth consecutive quarter of revenue growth. The book-to-bill ratio for the June 2011 quarter is estimated to be in the range of 1.10 to 1.15, with backlog estimated to be the highest quarterly backlog ever in the range of $190 million to $195 million. Backlog represents existing orders from customers expected to be shipped within 12 months. The amount of backlog as of any particular date may not be an accurate indicator of future results. Cash at June 30, 2011 is estimated to be about $87 million, which would be an estimated increase of about $11 million from the March 31, 2011 cash of about $76 million.