Microsemi (MSCC) Tops Q2 EPS by 2c
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MaxLinear, Inc. Acquires Wireless Access Assets from Microsemi Corporation
April 28, 2016 4:18 PM EDTCARLSBAD & ALISO VIEJO, Calif., April 28, 2016 (GLOBE NEWSWIRE) -- MaxLinear, Inc. (NYSE: MXL), a leading provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks, today announced the acquisition of certain assets and the assumption of certain liabilities related to Microsemi Corporations (Nasdaq: MSCC) Broadband Wireless Division, which was previously part of PMC-Sierra, Inc. These acquired assets and assumed liabilities specifically address wireless infrastructure markets, including wideband RF transceivers and... More
Microsemi Reports Record Second Quarter 2016 Results
April 28, 2016 4:04 PM EDTALISO VIEJO, Calif., April 28, 2016 /PRNewswire/ -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today reported unaudited results for its second quarter of fiscal year 2016 ended April 3, 2016.
Net sales for Microsemi's second quarter of fiscal year 2016 were a record $444.3 million, up 50.0 percent from $296.2 million in the second quarter of 2015 and up 34.9 percent from $329.2 million reported in the first quarter of 2016.
Non-GAAP gross margin was a record 61.0 percent... More
