MaxLinear, Inc. Raises Third Quarter Outlook
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Needham & Company Upgrades MaxLinear (MXL) to Buy
September 17, 2015 6:14 AM EDTNeedham & Company upgraded MaxLinear (NYSE: MXL) from Hold to Buy with a price target of $16.00 on stronger than expected broad-based demand.
Analyst N. Quinn Bolton commented, "esterday, before the open, MXL raised its 3Q15 guidance and issued positive commentary on 4Q15.... More
MaxLinear (MXL) Boosts Q3 Revenue Outlook, Trims Operating Expenses Expectations
September 16, 2015 9:14 AM EDTMaxLinear (NYSE: MXL) y revised its financial outlook for the third quarter 2015.
MaxLinear currently anticipates revenue for the quarter ending September 30, 2015 to be approximately $95 million, compared to prior guidance of between $90 million and $94 million. MaxLinear also announced that it expects GAAP and non-GAAP gross margin for the third quarter 2015 to be approximately 53... More
