Solitron Devices, Inc. Provides Sales Guidance for the Second Quarter and Full Year of Fiscal Year 2022
June 29, 2021 at 01:41 am IST
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Solitron Devices, Inc. provided sales guidance for the second quarter and full year of fiscal year 2022. For the 2022 fiscal year the company’s current expectation is for net sales to be modestly higher than fiscal 2021.
The company expects fiscal second quarter sales to be lower than fiscal first quarter levels.
Solitron Devices, Inc. designs, develops, manufactures and markets solid state semiconductor components and related devices primarily for the military and aerospace markets. The Company manufactures a variety of bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field effect transistors (Power MOSFETS), and other related products. Its products are custom made pursuant to contracts with customers whose end products are sold to the United States government. Other products, such as Joint Army/Navy (JAN) transistors, diodes and Standard Military Drawings (SMD) voltage regulators, are sold as standard or catalog items. The Company manufactures thick film hybrids, which generally contain discrete semiconductor chips, integrated circuits, chip capacitors and thick film or thin film resistors. Its hybrids include high power voltage regulators, power amplifiers, power drivers, boosters and controllers.