First Quarter Earnings Release Conference Call

10/22/2015 02:00 PM

San Jose, CA—October 22, 2015—Maxim Integrated Products, Inc. (NASDAQ:MXIM) reported net revenue of $563 million for its first quarter of fiscal 2016 ended September 26, 2015, a 3% decrease from the $583 million revenue recorded in the prior quarter, and a 3% decrease from the same quarter of last year.

  • Revenue: $563 million
  • Gross Margin: 50.9% GAAP (61.6% excluding special items)
  • EPS: $0.25 GAAP loss ($0.42 profit excluding special items)
  • Cash, cash equivalents, and short term investments: $1.61 billion
  • Fiscal second quarter revenue outlook: $490 million to $520 million

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