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Maxim announced earnings per share of $0.72 on revenue of $619.4M. Analysts polled by Investing.com anticipated EPS of $0.58 on revenue of $545.1M.
Maxim shares are up 15.01% from the beginning of the year, still down 5.47% from its 52 week high of $74.83 set on October 12. They are under-performing the Nasdaq 100 which is up 32.82% from the start of the year.
Maxim’s report follows an earnings beat by Taiwan Semiconductor on October 14, who reported EPS of $0.92 on revenue of $12.4B, compared to forecasts EPS of $0.84 on revenue of $11.84B.
Intel had matched expectations on Thursday with third quarter EPS of $1.11 on revenue of $18.33B, compared to forecast for EPS of $1.11 on revenue of $18.24B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
