International Rectifier targets continued growth.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--March 4, 1996--International Rectifier rectifier, component of an electric circuit used to change alternating current to direct current. Rectifiers are made in various forms, all operating on the principle that current passes through them freely in one direction but only slightly or not at all in the Corp. (NYSE/PSE:IRF IRF Interferon Regulatory Factor IRF International Religious Freedom IRF Institut for Rationel Farmakoterapi (German) IRF Inherited Rights Filter (Novell) IRF Inherited Rights Filter ) Monday commented that it knows of no reason for the recent decline in its stock price, and the company is targeting continued growth in revenue and earnings. In its last fiscal year, International Rectifier International Rectifier Corp. (NYSE: IRF) is a manufacturer of power semiconductors (MOSFET, IGBT, diodes and thyristors), located in El Segundo, California, USA. It has a market capitalization of 2.48 billion USD and is listed on the S&P Midcap 400. revenue grew 30 percent and net income rose 150 percent. In the first six months of the current fiscal year, its revenue grew 37 percent and net income rose 89 percent. International Rectifier is a major worldwide supplier of power semiconductors, which convert electrical energy to operate power supplies, motor drives and lighting ballasts. Its patented HEXFET HEXFET Hexagonal Field Effect Transistor power MOSFETs and IGBTs make IR the world leader in field effect transistors. The company's technological advances improve the performance and energy efficiency of electronic and electrical equipment in automotive, consumer, computer/peripheral, industrial, lighting, telecom and government/space applications. CONTACT: International Rectifier Corp., El Segundo Shelley Wagers, 310/607-8848 |
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