First Quarter Earnings Release Conference Call10/22/2015 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