Maxim Integrated Products (MXIM) Tops Q2 EPS by 5c, Revenues Beat

Maxim Integrated Products (NASDAQ: MXIM) reported Q2 EPS of $0.73, $0.05 better than the analyst estimate of $0.68. Revenue for the quarter came in at $628 million versus the consensus estimate of $604.46 million.

"Our strong performance in the December quarter relative to the same quarter last year benefitted from robust demand from automotive, industrial and consumer customers. Automotive and Industrial reached a record revenue level and comprised 63 percent of Maxim's total revenue. In addition, progress toward closure of our merger with Analog Devices is on track," said Tunc Doluca, President and Chief Executive Officer.

For earnings history and earnings-related data on Maxim Integrated Products (MXIM) click here.

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