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Home › Maxim drops on revenue miss, soft FQ2 outlook

 

Maxim drops on revenue miss, soft FQ2 outlook

2015-10-23 11:28:20| Electronics - Topix.net

In addition to missing FQ1 revenue estimates , Maxim is guiding for FQ2 revenue of $490M-$520M and EPS of $0.29-$0.35, below a consensus of $535.3M and $0.42. The analog/mixed-signal chipmaker blames "an unusually high decline in Consumer revenue due to product cycle timing, continued weakness in communications infrastructure, and a seasonally down industrial market."

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