Maxim Integrated beats by $0.01, misses on revs; guides Q1 EPS below consensus, revs in-line; co raises quarterly dividend 9% to $0.36/share; co announces new share repurchase authorization $1 bln:
- Reports Q4 (Jun) earnings of $0.63 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.62; revenues rose 6.3% year/year to $602 mln vs the $609.52 mln Capital IQ Consensus.
- Co downside EPS guidance for Q1, sees EPS of $0.48-0.54, excluding non-recurring items, vs. $0.58 Capital IQ Consensus Estimate; sees Q1 revs of $555-595 mln vs. $592.35 mln Capital IQ Consensus Estimate.
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