Benzinga | Oct 27, 2020 04:36PM EDT

Maxim Integrated Products: Q1 Earnings Insights

Shares of Maxim Integrated Products (NASDAQ:MXIM) rose 1.1% in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 38.46% over the past year to $0.72, which beat the estimate of $0.58.

Revenue of $619,357,000 rose by 16.19% from the same period last year, which beat the estimate of $545,150,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Maxim Integrated Products hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $74.87

Company's 52-week low was at $41.93

Price action over last quarter: Up 1.93%

Company Description

Maxim Integrated makes high-performance analog and mixed-signal integrated circuits. The company offers a wide range of products serving a host of analog-intensive applications, including power management, audio conversion, and sensors. Maxim supplies its diverse product portfolio to a broad base of customers in the communications, computing, industrial, automotive, and consumer-related end markets.