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Microsemi starts new share buyback programme as revenues hit record high in Q3

Monday 31 July 2017 | 12:58 CET | News
The gross margin lifted to 63.9 percent from 61.9 percent year-on-year. The operating profit lifted to USD 70 million from 51.2 million while the net profit sank to USD 13.6 million from 115.2 million, hit by a number of one-off charges. Diluted earnings per share fell to USD 0.12 from 1.00, while adjusted diluted EPS advanced to 99 cents from 73 cents. Cash and cash equivalents at the end of the quarter reached USD 166.4 million.

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Categories: General
Companies: Microsemi
Countries: United States
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