Integrated Silicon Solution, Inc., Santa Clara, Calif., today reported revenue for the second fiscal quarter ended March 31 was $52 million, compared with revenue of $30 million for the March 2000 quarter.
This also compares with revenue from the December 2000 quarter of $65.2 million.
Net income for the March 2001 quarter was $4.5 million and 16 cents per share, which included a pre-tax gain on the sale of the company's investment in Integrated Circuit Solution, Inc. of $6.3 million; a pre-tax gain on the sale of the Company's investment in NexFlash Technologies, Inc. of $5.3 million; and an inventory write-down of $11.7 million.
Excluding NexFlash and the inventory write-down, net income for the March 2001 quarter was $9.3 million and earnings per share was 33 cents. This compares with the March 2000 quarter net income of $30 million and 14 cents per share .