Investing.com - Maxim reported third quarter earnings that matched analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.52 on revenue of $542.4M. Analysts polled by Investing.com expected EPS of $0.52 on revenue of $540.4M. That compared to EPS of $0.73 on revenue of $648.6M in the same period a year earlier. The company had reported EPS of $0.6 on revenue of $576.91M in the previous quarter.
Maxim shares gained 3.33% to trade at $62.00 in after-hours trade following the report.
Maxim follows other major Technology sector earnings this month
On April 24, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.88B.
Facebook earnings missed analysts' expectations on April 24, with first quarter EPS of $0.85 on revenue of $15.08B. Investing.com analysts expected EPS of $1.62 on revenue of $14.98B
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