Maxim Integrated Products (MXIM) Tops Q3 EPS by 3c; Guides In-Line

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Maxim Integrated Reports Results For The Third Quarter Of Fiscal 2017

April 20, 2017 4:05 PM EDT

SAN JOSE, Calif., April 20, 2017 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ: MXIM) reported net revenue of $581 million for its third quarter of fiscal 2017 ended March 25, 2017, a 5% increase from the $551 million revenue recorded in the prior quarter, and a 5% increase from the same quarter of last year.

Tunc Doluca, President and Chief Executive Officer, commented, "Our strong growth in the March quarter enabled us to exceed our revenue and profitability targets.  This momentum was led by Automotive and... More