First Quarter Earnings Release Conference Call10/23/2014 01:00 PM - 10/23/2014 02:00 PM
SAN JOSE, CA—October 23, 2014—Maxim Integrated Products, Inc. (NASDAQ:MXIM) reported net revenue of $580 million for its first quarter of fiscal 2015 ended September 27, 2014, a 10% decrease from the $642 million revenue recorded in the prior quarter, and a 1% decrease year over year.
- Revenue: $580 million
- Gross Margin: 58.4% GAAP (61.6% excluding special items)
- EPS: $0.35 GAAP ($0.38 excluding special items)
- Cash, cash equivalents, and short term investments: $1.32 billion
- Fiscal second quarter revenue outlook: $540 million to $580 million