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Maxim Integrated Products 1Q EPS 13 Cents

Semiconductor maker Maxim Integrated Products Inc. (MXIM) on Thursday reported a first-quarter profit of $41.95 million, or 13 cents a share, down from $67.57 million, or 21 cents a share, a year ago. Excluding one-time items, earnings would have come in at 16 cents a share. Revenue fell to $449.2 million from $ 501.2 million. Analysts polled by FactSet Research were looking for a profit, on average, of 14 cents a share with sales of $440.6 million.

-Shawn Langlois; 415-439-6400; AskNewswires@dowjones.com


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