Maxim earnings, Revenue beat in Q4

  • Investing.com
  • Stock Market News
Maxim earnings, Revenue beat in Q4
Credit: © Reuters.

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

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 and are trading at $69.01 , down-from-52-week-high.They are outperforming the S&P 500 which is down 0.38% year to date.

Maxim shares gained 0.10% in after-hours trade the report.

Maxim follows other major Technology sector earnings this month

Maxim's report follows an earnings beat by Microsoft on Wednesday, July 22, 2020, 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 Wednesday, July 15, 2020 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

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