Maxim Integrated Products (MXIM) Is Heading Lower After Q4 Report

Maxim Integrated Products (MXIM) reported fourth quarter EPS of $0.43, excluding special items, compared to $0.44 a year ago. Analysts expected EPS of $0.48. The company expects to report first quarter EPS of $0.34 to $0.40, excluding special items. The consensus estimate is for EPS of $0.51. The stock is now down 4.94 on 181K shares.

Maxim Integrated Products traded in a narrow range throughout Thursday's session and closed down by 0.04 at $32.94. The stock slipped to a 2-month low.

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