Maxim Integrated misses by $0.02, reports revs in-line; guides Q2 EPS above consensus, revs above consensus (50.09 +0.24)
- Reports Q1 (Sep) earnings of $0.54 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus of $0.56; revenues rose 2.6% year/year to $576 mln vs the $576.8 mln Capital IQ Consensus.
- Co issues upside guidance for Q2, sees EPS of $0.61-0.67, excluding non-recurring items, vs. $0.57 Capital IQ Consensus Estimate; sees Q2 revs of $600-640 mln vs. $585.09 mln Capital IQ Consensus Estimate.