Microsemi (MSCC) Tops Q3 EPS by 1c

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Go back to Microsemi (MSCC) Tops Q3 EPS by 1c

Microsemi Reports Third Quarter 2016 Results

July 28, 2016 4:02 PM EDT

ALISO VIEJO, Calif., July 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 third quarter of fiscal year 2016 ended July 3, 2016.

Net sales for Microsemi's third quarter of fiscal year 2016 were $431.4 million, up 36.0 percent from $317.1 million in the third quarter of 2015.

GAAP gross margin for the third quarter of 2016 was a record 61.9 percent, up 760 basis points compared to 54.3... More