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Maxim announced earnings per share of $0.58 on revenue of $545.4M. Analysts polled by Investing.com anticipated EPS of $0.56 on revenue of $538.45M.
Maxim shares are up 12.08% from the beginning of the year , still down 6.20% from its 52 week high of $73.50 set on July 13. They are outperforming the S&P 500 which is down 0.38% from the start of the year.
Maxim shares gained 0.10% in after-hours trade following the report.
Maxim’s report follows an earnings beat by Microsoft on July 22, who reported EPS of $1.46 on revenue of $38.03B, compared to forecasts EPS of $1.34 on revenue of $36.54B.
Taiwan Semiconductor had beat expectations on July 15 with second quarter EPS of $0.79 on revenue of $10.55B, compared to forecast for EPS of $0.72 on revenue of $10.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
