Benzinga | Oct 27, 2020 04:05PM EDT

Maxim Integrated Products Q1 EPS $0.72 Beats $0.58 Estimate, Sales $619.00M Beat $545.15M Estimate

Maxim Integrated Products (NASDAQ:MXIM) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.58 by 24.14 percent. This is a 38.46 percent increase over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $619.00 million which beat the analyst consensus estimate of $545.15 million by 13.55 percent. This is a 16.13 percent increase over sales of $533.04 million the same period last year.