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Stock impact report

MaxLinear (MXL) Hits 2-Year High as Firm Bets on ‘Double-Digit' Revenue Jump [Yahoo! Finance]

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: Yahoo! Finance
MaxLinear extended its winning streak to a 9th straight session on Monday, to hit an over two-year high, as investors resumed buying positions ahead of its earnings performance for the first quarter of the year, with revenues expected to grow by high double digits. In intra-day trading, the stock climbed to its highest price of $33.13 before paring gains to finish the session just up by 20.78 percent at $31.73 apiece. Photo by Tima Miroshnichenko on Pexels In a notice to investors, MaxLinear Inc. (NASDAQ:MXL) said that it would release its financial and operating highlights for the period after market close on Thursday, April 23. A conference call will be held to elaborate on the results. For the said quarter, MaxLinear Inc. (NASDAQ:MXL) is expected to report a 35.5 percent to 46 percent growth in its revenues to a range of $130 million to $140 million, versus $95.9 million previously. Gross margin is expected at 56 to 59 percent on a GAAP basis, and at a non-GAAP of 58 to Show less Read more
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