Maxim earnings, Revenue beat in Q3

  • Investing.com
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Maxim earnings, Revenue beat in Q3
Credit: © Reuters.

Investing.com - Maxim (NASDAQ: MXIM ) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Maxim announced earnings per share of $0.82 on revenue of $665M. Analysts polled by Investing.com anticipated EPS of $0.7406 on revenue of $637.3M (NYSE: MMM ).

Maxim shares are up 9.33% from the beginning of the year and are trading at $96.92 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.47% year to date.

Maxim follows other major Technology sector earnings this month

Maxim's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $1.95 on revenue of $41.71B, compared to forecasts EPS of $1.78 on revenue of $41.04B.

Alphabet C had beat expectations on Tuesday with first quarter EPS of $26.29 on revenue of $55.31B, compared to forecast for EPS of $15.71 on revenue of $51.36B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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