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Maxim Integrated Now Sees Q4 Revenue To Be About $545 Mln - Quick Facts

Maxim Integrated Products Inc. (MXIM) said it now expects Q4 net revenue to be about $545 million, versus its prior guidance range of $480 million - $540 million. Twenty Wall Street analysts have a consensus revenue estimate of $511.23 million for the quarter.

"Strong performance by our manufacturing operations, including our test facilities in the Philippines, resulted in better-than-expected June quarter revenue," said Tunc Doluca, President and Chief Executive Officer. "Despite recent global events, Maxim continues to demonstrate solid execution and profitability."

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