MaxLinear, Inc. Announces First Quarter 2024 Financial Results
MaxLinear, Inc (MXL)
Last maxlinear, inc earnings: 4/29 04:05 pm
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Source: Business Wire
Net revenue of $95.3 million in Q1, GAAP gross margin of 51.7% and non-GAAP gross margin of 60.6% CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, today announced financial results for the first quarter ended March 31, 2024.First Quarter Financial HighlightsGAAP basis:Net revenue was $95.3 million, down 24% sequentially and down 62% year-over-year.GAAP gross margin was 51.7%, compared to 54.7% in the prior quarter, and 56.5% in the year-ago quarter.GAAP operating expenses were $123.9 million in the first quarter 2024, or 130% of net revenue, compared to $110.3 million in the prior quarter, or 88% of net revenue, and $113.0 million in the year-ago quarter, or 45% of net revenue.GAAP loss from operations was 78% of net revenue, compared to loss from operations of 33% of net revenue in the prior quarter, and income from operations of 11% of net revenue in the year-ago qua
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News
- Southern California NIRI Chapters and Nasdaq Host the 2nd Annual NIRI SoCal Conference [Yahoo! Finance]Yahoo! Finance
- MaxLinear, Inc. (NASDAQ:MXL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- MaxLinear, Inc. (NYSE: MXL) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Should You Investigate MaxLinear, Inc. (NASDAQ:MXL) At US$20.93? [Yahoo! Finance]Yahoo! Finance
- MaxLinear, Inc. (NYSE: MXL) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $28.00 price target on the stock.MarketBeat
MXL
Earnings
- 4/24/24 - Beat
MXL
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- MXL's page on the SEC website