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Microsemi Corp (MSCC.OQ)

MSCC.OQ on NASDAQ Stock Exchange Global Select Market

51.39USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Microsemi Corp Entered Into Amendment No. 4 To Its Existing Credit Agreement​
Monday, 27 Nov 2017 04:59pm EST 

Nov 27 (Reuters) - Microsemi Corp ::MICROSEMI CORP SAYS ENTERED INTO AMENDMENT NO. 4 TO ITS EXISTING CREDIT AGREEMENT DATED AS OF JANUARY 15, 2016​.MICROSEMI SAYS ‍AMENDMENT PROVIDES FOR NEW PRICING TERMS FOR $794.7 MILLION OF TERM B LOANS OUTSTANDING UNDER EXISTING CREDIT AGREEMENT - SEC FILING​.MICROSEMI CORP - ‍REPRICED TERM B LOANS MATURE JANUARY 15, 2023​.MICROSEMI CORP - ‍REPRICED TERM B LOANS BEAR INTEREST AT MICROSEMI'S OPTION AT BASE RATE OR LIBOR, PLUS A MARGIN​.  Full Article

Microsemi posts Q4 adj. earnings per share $1.09
Thursday, 9 Nov 2017 04:02pm EST 

Nov 9 (Reuters) - Microsemi Corp :Microsemi reports fourth quarter and fiscal year 2017 results.Q4 GAAP earnings per share $0.87.Q4 earnings per share view $1.08 -- Thomson Reuters I/B/E/S.Sees Q1 2018 non-GAAP earnings per share $0.95 to $1.07.Q4 non-GAAP earnings per share $1.09.Sees Q1 2018 sales $448 million to $472 million.Q4 sales $475.3 million versus I/B/E/S view $475 million.Q1 earnings per share view $1.01, revenue view $460.4 million -- Thomson Reuters I/B/E/S.  Full Article

Microsemi to acquire Vectron's high performance timing business from Knowles Corp
Thursday, 26 Oct 2017 04:55pm EDT 

Oct 26 (Reuters) - Knowles Corp :Microsemi to acquire high performance timing business of Vectron International from Knowles Corp..Knowles Corp - ‍Microsemi expects acquisition to be immediately accretive once deal is closed​.Knowles - ‍as of this date, Microsemi remains comfortable with its July 28 non-GAAP guidance for its fourth fiscal quarter of 2017 ended Oct. 1​.  Full Article

Knowles signs definitive agreement to divest timing device business
Thursday, 26 Oct 2017 04:54pm EDT 

Oct 26 (Reuters) - Knowles Corp :Knowles signs definitive agreement to divest timing device business.Knowles Corp - ‍company enters into definitive agreement to sell timing device business for $130 million​.Knowles Corp - ‍transaction is expected to be slightly dilutive to earnings and to close in current quarter​.Knowles - agreement to sell timing device (oscillator) business, part of precision devices segment, to Microsemi Corporation​.Knowles Corp - ‍depending on timing of close of this transaction, company may update its Q4 2017 guidance it provided on October 25, 2017​.  Full Article

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

BRIEF-Microsemi Corp Entered Into Amendment No. 4 To Its Existing Credit Agreement​

* MICROSEMI CORP SAYS ENTERED INTO AMENDMENT NO. 4 TO ITS EXISTING CREDIT AGREEMENT DATED AS OF JANUARY 15, 2016​