Q2 2016 Earnings Release01/21/2016
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