Q2 2016 Earnings Release

01/21/2016


San Jose, CA—January 21, 2015—Maxim Integrated Products, Inc. (NASDAQ:MXIM) reported net revenue of $511 million for its second quarter of fiscal 2016 ended December 26, 2015, a 9% decrease from the $563 million revenue recorded in the prior quarter, and a 10% decrease from the same quarter of last year.

  • Revenue: $511 million
  • Gross Margin: 57.2% GAAP (60.5% excluding special items)
  • EPS: $0.23 GAAP profit ($0.32 profit excluding special items)
  • Cash, cash equivalents, and short term investments: $1.77 billion
  • Fiscal third quarter revenue outlook: $535 million to $575 million

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