Maxim Integrated Reports Results For The Second Quarter Of Fiscal 2021
- Revenue: $628 million
- EPS: $0.68 GAAP ($0.73 excluding special items)
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SAN JOSE, Calif., Jan. 26, 2021 /PRNewswire/ Maxim Integrated Products, Inc. (NASDAQ:MXIM) reported net revenue of $628 million for its second quarter of fiscal 2021 ended December 26, 2020, a 1% increase from the $619 million revenue recorded in the prior quarter, and a 14% increase from the same quarter of last year. Our strong performance in the December quarter relative to the same quarter last year benefitted from robust demand from automotive, industrial and consumer customers. Automotive and Industrial reached a record revenue level and comprised 63 percent of Maxim s total revenue. In addition, progress toward closure of our merger with Analog Devices is on track, said Tunc Doluca, President and Chief Executive Officer.