Integrated Device Technology Inc (IDTI) Files 10-K for the Fiscal Year Ended on March 31, 2018

Integrated Device Technology Inc (IDTI, Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2018. Integrated Device Technology Inc develops system-level solutions that optimize its customers' applications. The company operates through two segments namely the Communications, and the Computing, Consumer and Industrial. Integrated Device Technology Inc has a market cap of $4.14 billion; its shares were traded at around $31.29 with and P/S ratio of 5.32. Integrated Device Technology Inc had annual average EBITDA growth of 25.90% over the past five years.

For the last quarter Integrated Device Technology Inc reported a revenue of $224.6 million, compared with the revenue of $175.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $842.8 million, an increase of 15.7% from last year. For the last five years Integrated Device Technology Inc had an average revenue growth rate of 12.7% a year.

The reported loss per diluted share was 9 cents for the year, compared with the earnings per share of $1.32 in the previous year. The Integrated Device Technology Inc had a decent operating margin of 13.16%, compared with the operating margin of 15.15% a year before. The 10-year historical median operating margin of Integrated Device Technology Inc is 5.24%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Integrated Device Technology Inc has the cash and cash equivalents of $136.9 million, compared with $214.6 million in the previous year. The long term debt was $490.6 million, compared with $285.5 million in the previous year. Integrated Device Technology Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $31.29, Integrated Device Technology Inc is traded at 99.9% premium to its historical median P/S valuation band of $15.65. The P/S ratio of the stock is 5.32, while the historical median P/S ratio is 2.67. The stock gained 38.60% during the past 12 months.

CEO Recent Trades:

  • PRESIDENT & CEO Gregory L Waters sold 43,699 shares of IDTI stock on 05/15/2018 at the average price of $30.8. The price of the stock has increased by 1.59% since.
  • PRESIDENT & CEO Gregory L Waters sold 5,000 shares of IDTI stock on 05/09/2018 at the average price of $30. The price of the stock has increased by 4.3% since.
  • PRESIDENT & CEO Gregory L Waters sold 10,000 shares of IDTI stock on 05/01/2018 at the average price of $28.43. The price of the stock has increased by 10.06% since.

Directors and Officers Recent Trades:

  • VP, CORPORATE GM Mario Montana sold 7,918 shares of IDTI stock on 05/15/2018 at the average price of $30.8. The price of the stock has increased by 1.59% since.
  • SR VP OPERATIONS & CTO Sailesh Chittipeddi sold 11,795 shares of IDTI stock on 05/15/2018 at the average price of $30.8. The price of the stock has increased by 1.59% since.
  • SR. VP of GLOBAL SALES & MARKE Chris Allexandre sold 3,661 shares of IDTI stock on 05/15/2018 at the average price of $30.8. The price of the stock has increased by 1.59% since.
  • Sr Vice President&Corporate GM Xianzhi Sean Fan sold 9,340 shares of IDTI stock on 05/15/2018 at the average price of $30.8. The price of the stock has increased by 1.59% since.
  • SR. VP & Corporate GM David Shepard sold 8,865 shares of IDTI stock on 05/15/2018 at the average price of $30.8. The price of the stock has increased by 1.59% since.

For the complete 20-year historical financial data of IDTI, click here.