Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (17723)	8/6/2004 6:36:39 PM
From: Donald Wennerstrom	Respond to of 95632

Here is a summary report on one of the SOX components, MXIM, earnings report AH. marketwatch.com <<Maxim increases Q4 earnings, sales By Chris Kraeuter, CBS.MarketWatch.com Last Update: 4:29 PM ET Aug. 6, 2004 SAN FRANCISCO (CBS.MW) -- Maxim Integrated Products matched Wall Street's targets late Friday as it said net income grew 50 percent and sales rose 43 percent to $421 million during its fiscal fourth quarter. Also, orders at the Sunnyvale, Calif.-based chipmaker rose 9 percent sequentially to $535 million and its backlog grew 21 percent to $529 million. Shares (MXIM: news, chart, profile) of the analog-chip maker fell 5 percent to $44.23 during the regular session, ahead of the results. In late trading, after the results were announced, Maxim shares rose 1.2 percent to $44.77. For the quarter ended on June 26, Maxim posted net income of $124.7 million, or 36 cents a share, on sales of $421 million. During the same quarter last year, the chipmaker earned $81.7 million, or 24 cents a share, on sales of $295 million. Analysts predicted earnings of 36 cents a share and sales of $421 million, on average, according to Thomson First Call. Gross margin expanded to 70.2 percent from 69.8 percent in the previous quarter. The company's expenses increased following a $17.5 million one-time bonus to employees below the managing director level.>>