Freescale is still burdened with their debt due to going private. I expect that they will continue to pay off the debt and eventually get above water. In the mean time, don't expect the finacial community to give them any credit.
With the refi charge out of the way, it sounds like the operating profit is growing nicely year over year, and that the net profit margin should widen in the year ahead due to lower borrowing costs. All in all, a pretty nice quarter, I would think. And automotive sounds good.
So why are shares down $1 today to $15.34? Perhaps nervousness about the sluggishness of results in the industrial market?
A Book For All Reasons Bernard Cole1 Comment Robert Oshana's recent book "Software Engineering for Embedded Systems (Newnes/Elsevier)," written and edited with Mark Kraeling, is a 'book for all reasons.' At almost 1,200 pages, it ...