Maxim Integrated Products (MXIM) Tops Q4 EPS by 1c; Guides In-Line

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Go back to Maxim Integrated Products (MXIM) Tops Q4 EPS by 1c; Guides In-Line

Maxim Integrated Reports Results For The Fourth Quarter Of Fiscal 2017, Increases Dividend By 9%

July 20, 2017 4:05 PM EDT

SAN JOSE, Calif., July 20, 2017 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ: MXIM) reported net revenue of $602 million for its fourth quarter of fiscal 2017 ended June 24, 2017, a 4% increase from the $581 million revenue recorded in the prior quarter, and a 6% increase from the same quarter of last year.

Tunc Doluca, President and Chief Executive Officer, commented, "The June quarter marked the third consecutive quarter in our return to year-over-year growth, led by double-digit increases in Industrial and Automotive. Through solid execution in... More