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Microsemi Corp (MSCC.OQ)

MSCC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Microsemi Corp awarded a contract as part of PowerAmerica's $70 mln backing from U.S. Department of Energy
Thursday, 17 Aug 2017 07:00am EDT 

Aug 17 (Reuters) - Microsemi Corp :Microsemi awarded contract to accelerate adoption of silicon carbide technology as new member of PowerAmerica.Microsemi Corp - ‍Microsemi was awarded a contract as part of poweramerica's $70 million dollar backing from U.S. Department of Energy over five years​.  Full Article

Microsemi Corporation announces new $250 mln stock repurchase program
Thursday, 27 Jul 2017 04:04pm EDT 

July 27 (Reuters) - Microsemi Corp :Microsemi Corporation announces new $250 million stock repurchase program.Microsemi Corp- ‍purchases will be funded from available working capital.​.Microsemi Corp- ‍new authorization permits company to repurchase up to $250 million of common stock before july 31, 2019​.  Full Article

Microsemi Q3 earnings per share $0.12
Thursday, 27 Jul 2017 04:02pm EDT 

July 27 (Reuters) - Microsemi Corp :Microsemi reports third quarter 2017 results.Q3 non-gaap earnings per share $0.99.Q3 gaap earnings per share $0.12.Q3 earnings per share view $0.99 -- Thomson Reuters I/B/E/S.Sees Q4 2017 non-gaap earnings per share $1.02 to $1.14.Sees Q4 2017 sales $463 million to $487 million.Q3 sales $458.1 million versus i/b/e/s view $457.8 million.Q4 earnings per share view $1.06, revenue view $471.0 million -- Thomson Reuters I/B/E/S.  Full Article

Microsemi announces cash tender offer for its 9.125 percent senior notes
Thursday, 11 May 2017 07:00am EDT 

May 11 (Reuters) - Microsemi Corp :Microsemi announces cash tender offer for its 9.125 percent senior notes.Microsemi corp - has commenced a tender offer to purchase for cash company's 9.125 percent senior notes due 2023.Microsemi corp - maximum principal amount of notes will not result in aggregate purchase price excluding accrued, unpaid interest, that exceeds $200 million.  Full Article

Microsemi says entered into amendment no. 3 to credit agreement to its existing credit agreement
Thursday, 27 Apr 2017 04:26pm EDT 

April 27 (Reuters) - Microsemi Corp ::Microsemi - on April 25, co entered into amendment no. 3 to credit agreement to its existing credit agreement dated as of January 15, 2016 - sec filing.Microsemi - amendment provides for new pricing terms for $778.14 million in aggregate principal amount of term a loans.  Full Article

Microsemi Q2 Non-GAAP EPS $0.91
Thursday, 27 Apr 2017 04:02pm EDT 

April 27 (Reuters) - Microsemi Corp :Microsemi reports second quarter 2017 results.Q2 non-gaap earnings per share $0.91.Q2 gaap earnings per share $0.35.Sees Q3 2017 non-gaap earnings per share $0.94 to $1.04.Sees Q3 2017 sales $448 million to $468 million.Q2 sales $442.9 million.Q2 earnings per share view $0.91, revenue view $439.8 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.99, revenue view $455.2 million -- Thomson Reuters I/B/E/S.  Full Article

Microsemi to close China manufacturing facility
Tuesday, 21 Mar 2017 04:02pm EDT 

Microsemi Corp : Microsemi to close china manufacturing facility . Microsemi Corp says no material impact on earnings for company is expected due to this closure .Microsemi Corp says planned closure of its manufacturing facility in China.  Full Article

Microsemi enters into an increase term Joinder no. 2 to credit agreement
Thursday, 26 Jan 2017 04:40pm EST 

Microsemi Corp - : On January 25, 2017 co entered into an increase term joinder no. 2 to credit agreement- SEC filing . Under agreement increase term joinder provides for, among other things, $235 million of incremental term B loans .Proceeds of incremental term B facility will be used to repay certain existing indebtedness.  Full Article

Microsemi reports Q1 earnings per share $0.17
Thursday, 26 Jan 2017 04:02pm EST 

Microsemi Corp : Microsemi reports first quarter 2017 results . Q1 non-GAAP earnings per share $0.86 . Q1 GAAP earnings per share $0.17 . Q1 earnings per share view $0.84 -- Thomson Reuters I/B/E/S . Sees Q2 2017 non-gaap earnings per share $0.86 to $0.96 . Sees Q2 2017 sales $430 million to $450 million .Q1 sales $435.5 million versus I/B/E/S view $435.3 million.  Full Article

Microsemi reports Q4 earnings per share of $0.42
Thursday, 10 Nov 2016 04:02pm EST 

Microsemi Corp : Microsemi corp says GAAP gross margin for Q4 of 2016 was 62.6 percent, up 940 basis points from 53.2 percent in Q4 of 2015 . Sees Q1 2017 non-GAAP earnings per share $0.82 to $0.90 . Microsemi Corp says non-GAAP gross margin for Q4 of 2016 was 62.6 percent, up 610 basis points from 56.5 percent in Q4 of 2015 . Q1 earnings per share view $0.85, revenue view $433.8 million -- Thomson Reuters I/B/E/S . Microsemi reports fourth quarter and fiscal year 2016 results . Q4 GAAP earnings per share $0.42 . Q4 earnings per share view $0.88 -- Thomson Reuters I/B/E/S . Q4 sales $450.1 million versus I/B/E/S view $448.1 million .Sees Q1 2017 sales $428 million to $442 million.  Full Article

BRIEF-Microsemi Corp awarded a contract as part of PowerAmerica's $70 mln backing from U.S. Department of Energy

* Microsemi awarded contract to accelerate adoption of silicon carbide technology as new member of PowerAmerica