Burr-Brown Corp. reports second quarter 1995 results.

TUCSON, Ariz.--(BUSINESS WIRE)--July 13, 1995--Burr-Brown Corp. (NASDAQ:BBRC) announced sales of $69.6 million for the second quarter 1995, an increase of 46 percent from the like quarter 1994 and up 17 percent from the preceding quarter.

Net income was $6.8 million, or $0.45 per share, as compared to $0.14 per share (restated) for the second quarter 1994, an increase of 221 percent in earnings per share. Net income year-to-date increased 211 percent when compared to the first half of 1994.

The second quarter 1995 had a favorable currency impact on sales of approximately 9 percent when utilizing the foreign exchange rate for the second quarter of 1994.

The gross profit of 49 percent of sales was up 2 percent from the first quarter of 1995 and up 1 percent when compared to the second quarter in 1994. Operating expenses were down 6 points as a percentage of sales when compared with the second quarter of 1994 and 2 points from the first quarter of 1995. Operating profit for this quarter was $10.1 million compared with $3.8 million in the second quarter of 1994, an increase of 167 percent. The $16.8 million year-to-date operating profit compared with $7.1 million year-to-date for 1994 increased 136 percent. The income tax rate is 27 percent which is the expected effective tax rate for 1995.

Bookings were up 51 percent over the second quarter of 1994 and 54 percent over the first half of 1994. Second quarter bookings of $74 million were approximately level with first quarter bookings of $76 million. Bookings continue strong in all geographic regions.

John L. Carter, executive vice president and chief financial officer, said, "Although we have increased our output substantially in each of the first two quarters, the backlog grew over $4 million in the second quarter. Our actions to increase capacity will continue throughout the third quarter. Based on these actions we expect quarterly increases in revenue for the second half of the year, however at a significantly slower rate of increase than the first two quarters. This should lead to a 1995 revenue increase in excess of 40 percent from 1994, assuming no quick fall-off in order rates or unforeseen circumstances which impact production."

Burr-Brown Corp. is an international leader in the development, manufacturing and marketing of electronic components. The company's product lines include precision linear, data conversion and mixed signal integrated circuits. These products address applications for both analog and digital signal processing relating to communication, industrial and process control, automatic test equipment, medical electronics, digital audio, multimedia and computer systems.

Manufacturing facilities are loaced in Tucson, Ariz.; Livingston, Scotland; and Atsugi, Japan. Direct sales and distribution locations are in the United States, Japan, Germany, France, Italy, England, Switzerland and The Netherlands.

For additional information, please write to Burr-Brown Corp., Investor Relations, P.O. Box 11400, Tucson, Ariz. 85734, or call John L. Carter, executive vice president and CFO at 520/746-7758. -0-

                   Burr-Brown Corp. and Subsidiaries
                   Consolidated Summary of Operations
                 (In thousands except per share amounts)

Three Months Ended               July 1,      July 2,   Percent
                                  1995         1994     Change

Bookings                        $74,208      $49,210     50.8
Sales                            69,594       47,607     46.2
Gross profit                     33,798       22,810     48.2
Gross profit (percent)               49           48      2.1
Operating expenses
 Sales and marketing             11,073        9,628     15.0
 Product design                   6,921        5,583     24.0
 General & administration         5,738        3,830     49.8
Total expenses                   23,732       19,041     24.6
Operating profit                 10,066        3,769    167.1
Interest expense                    315          529    (40.5)
Other expense                       374          351      6.6
Profit before tax                 9,377        2,889    224.6
Income tax expense                2,532          925    173.7
Net income                       $6,845       $1,964    248.5
Shares outstanding           15,212,000   14,436,000(b)   5.4
Earnings per share (a)            $0.45        $0.14(b) 221.4

Six Months Ended                 July 1,      July 2,    Percent
                                  1995         1994     Change

Bookings                       $150,020      $97,302     54.2
Sales                           129,141       94,962     36.0
Gross profit                     61,984       45,684     35.7
Gross profit (percent)               48           48      --
Operating expenses
 Sales and marketing             20,839       18,959      9.9
 Product design                  12,749       10,512     21.3
 General & administration        11,539        9,080     27.1
Total expenses                   45,127       38,551     17.1
Operating profit                 16,857        7,133    136.3
Interest expense                    598        1,043    (42.7)
Other expense                       502          646    (22.3)
Profit before tax                15,757        5,444    189.4
Income tax expense                4,255        1,743    144.1
Net income                      $11,502       $3,701    210.8
Shares outstanding           15,071,000   14,355,000(b)   5.0
Earnings per share (a)            $0.76        $0.26(b) 192.3

(a) Based on weighted average common and common equivalent shares
outstanding.
(b) 1994 comparative information was restated to reflect a 3 for 2
stock split effective May, 1995.

CONTACT: Burr-Brown Corp., Tucson

John L. Carter, 520/746-7758