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Stock impact report

MaxLinear, Inc. Announces Preliminary Revenue for First Quarter 2020

MaxLinear, Inc (MXL) 
Last maxlinear, inc earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.maxlinear.com
Company Research Source: Business Wire
CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear, Inc. (NYSE: MXL), a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications, today announced a preliminary total revenue range for the first quarter 2020.MaxLinear’s revenue guidance provided on February 5, 2020 was in the range of $65 million to $70 million. The company now expects preliminary total revenue of approximately $61.75 million to $62.25 million in Q1 2020. The preliminary unaudited revenue range reflects the impact of several industrywide dynamics related to the novel coronavirus (COVID-19), including supply constraints early in the quarter, and certain customer push-out requests. While we continue to assess the volatility in our sales order patterns, we want to stress the importance of the health and safety of our worldwide employees, as well as our customers and partners in this greatly cha Show less Read more
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