Maxim Integrated Products Inc. Q2 adjusted earnings Miss Estimates

(RTTNews) - Below are the earnings highlights for Maxim Integrated Products Inc. (MXIM):

-Earnings: $131.89 million in Q2 vs. -$75.02 million in the same period last year. -EPS: $0.47 in Q2 vs. -$0.27 in the same period last year. -Excluding items, Maxim Integrated Products Inc. reported adjusted earnings of $166.94 million or $0.60 per share for the period. -Analysts projected $0.62 per share -Revenue: $576.91 million in Q2 vs. $622.64 million in the same period last year.

-Guidance: Next quarter EPS guidance: $0.49 - $0.55 Next quarter revenue guidance: $520 - $560 Mln