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Maxim revenues in fiscal year 2007 03-08-07

Maxim Integrated Products reported net revenues of $531.1 million for its fiscal fourth quarter ending June 30, 2007, an 11.6% increase from the third quarter of fiscal 2007 and a 4.0% increase from the fourth quarter of fiscal 2006. For the fiscal year the company recorded net revenues of $2.007 billion, an 8.0% increase from the $1.859 billion of net revenues recorded in fiscal 2006.

 

Maxim is not providing detailed GAAP and non-GAAP financials for the quarter due to the previously announced need to restate its historical financial statements, to record additional non-cash, stock-based compensation expense related to past stock-option grants. So only limited financial data is being presented at the present time.

 


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