Maxim Integrated Products (MXIM) Misses Q2 EPS by 2c, Q3 Guidance Misses

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Maxim Integrated Reports Results For The Second Quarter Of Fiscal 2019

January 29, 2019 4:05 PM EST

SAN JOSE, Calif., Jan. 29, 2019 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ: MXIM) reported net revenue of $577 million for its second quarter of fiscal 2019 ended December 29, 2018, a 10% decrease from the $638 million revenue recorded in the prior quarter, and a 7% decrease from the same quarter of last year. The same quarter of last year was a 14-week quarter and included revenue from the transition to sell-in accounting.

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