Microsemi (MSCC) Reports In-Line Q4 EPS

Microsemi (NASDAQ: MSCC) reported Q4 EPS of $0.73, in-line with the analyst estimate of $0.73. Revenue for the quarter came in at $328.8 million versus the consensus estimate of $327.38 million.

Microsemi sees Q1 2016 EPS of $0.70-$0.74, versus the consensus of $0.72. Microsemi sees Q1 2016 revenue of $325-329 million, versus the consensus of $323.24 million.

"We delivered an impressive fourth quarter and fiscal year, setting several new financial records for Microsemi," said James J. Peterson, chairman and CEO of Microsemi. "We produced record levels of sales, non-GAAP operating income, non-GAAP net income, operating cash flow and free cash flow in the fourth quarter of 2015. We see the first quarter of 2016 coming in above typical seasonality and as we look forward to 2016 we will continue to focus on the long-term growth and enhanced profitability necessary to yield strong shareholder returns."

For earnings history and earnings-related data on Microsemi (MSCC) click here.

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