* Q1 adj. EPS $0.30 vs. est $0.28
* Revenue up 31 percent
* Sees Q2 EPS $0.22-$0.29/shr
* Stock up 3 percent after market
Jan 26 Integrated Silicon Solution Inc ISSI.O
posted a quarterly profit above market estimates, and forecast
second-quarter earnings largely above analysts' estimates,
sending its shares up 3 percent in after-market trade.
The chipmaker, which counts Cisco (CSCO.O), Samsung
Electronics (005930.KS) and LG Electronics (066570.KS) as its
customers, said it expects to earn 22-29 cents a share,
excluding items, in the second quarter.
Analysts on average were expecting earnings of 22 cents a
share, according to Thomson Reuters I/B/E/S.
Net income for October-December was $7.2 million, or 26
cents a share, compared with $7.2 million, or 28 cents a share,
a year ago.
Excluding items, it earned 30 cents a share on revenue of
Analysts were expecting earnings of 28 cents a share,
before items, on revenue of $66.2 million.
Earlier this week, ISSI signed an agreement to acquire Si
En, a privately held fabless provider of high performance
analog and mixed signal integrated circuits based in Xiamen,
China, for about $20 million in cash.
Shares of the San Jose, California-based company were up 3
percent at $10.20 in extended trade on Wednesday on Nasdaq.
(Reporting by Isheeta Sanghi in Bangalore; Editing by Vyas