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Dividends and Mixed Quarterly Results for Semiconductor Broad Line Companies - Research Report on Intel, Maxim Integrated,



Dividends and Mixed Quarterly Results for Semiconductor Broad Line Companies -
Research Report on Intel, Maxim Integrated, Freescale Semiconductor, Mellanox
                            Technologies, and AFOP

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, July 31, 2013

NEW YORK, July 31, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Intel
Corporation (NASDAQ: INTC), Maxim Integrated Products, Inc. (NASDAQ: MXIM),
Freescale Semiconductor, Ltd. (NYSE: FSL), Mellanox Technologies, Ltd.
(NASDAQ: MLNX), and Alliance Fiber Optic Products Inc. (NASDAQ: AFOP). Today's
readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

Intel Corporation Research Report

On July 25, 2013, Intel Corporation (Intel) announced that its Board of
Directors has declared a quarterly dividend of $0.23 per share. Intel reported
that the dividend is $0.90 per common share on an annual basis. The dividend
is payable on September 1, 2013 to shareholders of record as of August 7,
2013. The Full Research Report on Intel Corporation - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.AnalystsCorner.com/r/full_research_report/3f94_INTC]

Maxim Integrated Products, Inc. Research Report

On July 25, 2013, Maxim Integrated Products, Inc. (Maxim Integrated) released
its Q4 FY 2013 and full-year FY 2013 financial results (period ended June 29,
2013). Revenues were up 0.5% YoY to $608.2 million in Q4 FY 2013 and up 1.6%
YoY to $2.4 billion in full-year FY 2013. Net income was up 7.6% YoY to $119
million in Q4 FY 2013 and up 17.6% YoY to $454.9 million in full-year FY 2013.
Diluted earnings per share were up 8.1% YoY to $0.40 in Q4 FY 2013 and up
17.8% YoY to $1.52 in full-year FY 2013. Tunc Doluca, President and CEO of
Maxim Integrated commented, "We are disappointed by the weakness in end market
demand for our smartphone products which resulted in revenue and earnings
below expectations. This was partially offset by revenue growth in 22 of the
24 market segments that we address. We continue to generate strong profits and
cash flow, and we are confident in our strategy and long-term business model
as demonstrated by the increase in our dividend and share repurchases." The
Full Research Report on Maxim Integrated Products, Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/a8f1_MXIM]

Freescale Semiconductor, Ltd. Research Report

On July 25, 2013, Freescale Semiconductor, Ltd. (Freescale Semiconductor)
released its Q2 FY 2013 financial results (period ended June 28, 2013). Net
sales increased 0.9% YoY to $1.0 billion. Net loss was $65 million, compared
to a net loss of $34 million in Q2 FY 2012. During the quarter, loss was $0.25
per diluted share, compared to a loss of $0.14 per diluted share in Q2 FY
2012. Gregg Lowe, President and CEO of Freescale Semiconductor, said, "Our
overall financial results continued to improve both sequentially and year over
year." Lowe continued, "Revenues, operating earnings and adjusted earnings per
share all continued to grow and while we are still early into implementing our
new strategy, we do see some signs of good progress." Freescale Semiconductor
expects Q3 FY 2013 net sales to be in the range of $1.05 billion to $1.09
billion. It also expects gross margins to grow by approximately 75 to 100
basis points on a sequential basis. The Full Research Report on Freescale
Semiconductor, Ltd. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/45b4_FSL]

Mellanox Technologies, Ltd. Research Report

On July 24, 2013, Mellanox Technologies, Ltd. (Mellanox Technologies) released
its Q2 2013 financial results. Revenues were down 26.5% YoY to $98.2 million.
Net loss was $1.7 million, or $0.04 per diluted share, compared to a net
income of $32.1 million, or $0.74 per diluted share in Q2 2012. For H1 2013,
revenues were down 18.4% YoY to $181.2 million. Net loss in H1 2013 was $10.2
million, or $ 0.24 per diluted share, compared to a net income of $44.5
million, or $1.04 per diluted share during H1 2012. Eyal Waldman, Mellanox
Technologies President and CEO, stated, "We are pleased with our Q2 results.
We see growth in the demand of our InfiniBand and Ethernet products. We
increased our Ethernet top-of-rack switch system revenue by 81 percent
sequentially, and, although off of a small base, we believe this indicates our
growth opportunity once we have all the building blocks required for the
various markets we serve." The Full Research Report on Mellanox Technologies,
Ltd. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/42af_MLNX]

Alliance Fiber Optic Products Inc. Research Report

On July 23, 2013, Alliance Fiber Optic Products Inc. (AFOP) released its Q2
2013 financial results. Revenues were up 65.2% YoY to $19 million. Net income
was up 247.6% YoY to $4.3 million. Diluted EPS was up 235.7% YoY to $0.47.
 For H1 2013, revenues were up 41.4% YoY to $31.2 million. Net income was up
184.8% YoY to $6.1 million, whereas diluted EPS was up 183.3% YoY to $0.68
during H1 2013. Peter Chang, President and CEO of AFOP, said, "We are very
pleased with the exceptional financial performance and progress AFOP made in
the quarter ended June 30, 2013. With excellent efforts by our Asia
operations, we managed unexpected demand increases and delivered much higher
than originally guided quarterly revenues. With our focus on operational
excellence, we continued to improve gross margins to a record level above 38%,
which resulted in a 132% increase in profits based on our 57% revenue growth
from the previous quarter." The Full Research Report on Alliance Fiber Optic
Products Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/22f0_AFOP]

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SOURCE Analysts' Corner

Contact: Joe Thomas CONTACT PHONE: +1-310-496-8071 (North America)
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