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Maxim Earnings inline, Revenue Misses In Q4

Maxim Earnings inline, Revenue Misses In Q4
Maxim Earnings inline, Revenue Misses In Q4

Investing.com - Maxim (NASDAQ:MXIM) reported fourth quarter earnings that matched analysts' expectations on Tuesday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.57 on revenue of $556.6M. Analysts polled by Investing.com expected EPS of $0.57 on revenue of $559.99M. That compared to EPS of $0.73 on revenue of $633.15M in the same period a year earlier. The company had reported EPS of $0.52 on revenue of $542.38M in the previous quarter.

Maxim follows other major Technology sector earnings this month

On July 18, Microsoft reported fourth quarter EPS of $1.37 on revenue of $33.72B, compared to forecasts of EPS of $1.21 on revenue of $32.77B.

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Alphabet C earnings beat analysts' expectations on Thursday, with second quarter EPS of $14.21 on revenue of $38.94B. Investing.com analysts expected EPS of $11.1 on revenue of $38.15B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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