Maxim Integrated Products Inc. Bottom Line Climbs 36% In Q3


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(RTTNews.com) - Maxim Integrated Products Inc. ( MXIM ) announced a profit for its third quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $159.79 million, or $0.56 per share. This was up from $117.66 million, or $0.41 per share, in last year's third quarter.

Analysts had expected the company to earn $0.53 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.7% to $581.22 million. This was up from $555.25 million last year.

Maxim Integrated Products Inc. earnings at a glance:


-Earnings (Q3): $159.79 Mln. vs. $117.66 Mln. last year.
-Earnings Growth (Y-o-Y): 35.8%
-EPS (Q3): $0.56 vs. $0.41 last year.
-EPS Growth (Y-o-Y): 36.6%
-Analysts Estimate: $0.53
-Revenue (Q3): $581.22 Mln vs. $555.25 Mln last year.
-Revenue Change (Y-o-Y): 4.7%

<b>-Guidance</b>:

Next quarter EPS guidance: $0.59 to $0.65
Next quarter revenue guidance: $590 to $630 Mln

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: MXIM , TRI


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