IR Reports Results for Q2 1999

International Rectifier (El Segundo, CA) reported net income of $3.3 million, or $0.06 per share, on revenues of $147.5 million for the quarter ended June 30, 1999, compared to net income of $0.4 million, or $0.01 per share, on revenues of $133.8 million for the same period a year ago. After non-recurring items, the company reported a net loss of $29.6 million, or $0.57 per share, in the current quarter.