MICROSEMI CORPORATION (NASDAQ:MSCC) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
On July 27, 2017, Microsemi Corporation issued a press release reporting its third quarter results, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 8.01 Other Events.
On July 26, 2017, Microsemi’s Board of Directors authorized a stock repurchase program for the repurchase of up to $250.0 million of the Company's common stock before July 31, 2019. Repurchases under this authorization may be made in the open market or through privately negotiated transactions and may also be made under a Rule 10b5-1 plan.On July 27, 2017, Microsemi Corporation issued a press release announcing the new stock repurchase program, a copy of which is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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ExhibitNo. |
Description |
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99.1 |
Press release dated July 27, 2017, reporting third quarter results |
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99.2 |
Press release dated July 27, 2017, announcing stock repurchase program |
MICROSEMI CORP ExhibitEX-99.1 2 ex991mscc2017q3earningsrel.htm EXHIBIT 99.1 Exhibit FINANCIAL CONTACT: John W. HohenerExecutive Vice President and Chief Financial OfficerTel: 949-380-6100INVESTORS CONTACT: Robert C. AdamsSenior Vice President of Corporate DevelopmentTel: 949-380-6100Microsemi Reports Third Quarter 2017 Results-Record Net Sales of $458.1 million,…To view the full exhibit click here
About MICROSEMI CORPORATION (NASDAQ:MSCC)
Microsemi Corporation is a designer, manufacturer and marketer of analog and mixed-signal semiconductor solutions differentiated by power, security, reliability and performance. The Company offers a portfolio of semiconductor and system solutions for aerospace and defense, communications, data center and industrial markets. Its products include high-performance and radiation-hardened analog mixed-signal integrated circuits (ICs), field programmable gate arrays (FPGAs), system on chip solutions (SoCs) and application-specific integrated circuits (ASICs) and power management products. The Company’s marketed products include Switchtec PFX PCIe switch, Flashtec NVM Express (NVMe)2032 and NVMe2016 controllers, Flashtec NVM Express (NVMe)2108 eight channel and NVMe2104 four channel controllers, PDS-EM-8100 PoE 2.5 gigabits per second (Gbps) Multiplexer, Chip Scale Atomic Clock (CSAC) components and miTimePLL.