Roth Capital Raises Price Target on MaxLinear (MXL) Following 3Q Results

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Go back to Roth Capital Raises Price Target on MaxLinear (MXL) Following 3Q Results

MaxLinear, Inc. Announces Third Quarter 2015 Financial Results

November 3, 2015 4:05 PM EST

CARLSBAD, Calif., Nov. 03, 2015 (GLOBE NEWSWIRE) -- MaxLinear, Inc. (NYSE: MXL), a provider of integrated, radio-frequency (RF) and mixed-signal integrated circuits for broadband communications, pay-TV and the connected home, and data center, metro, and long-haul transport network applications, today announced financial results for the third quarter ended September 30, 2015.

Management Commentary

We are pleased to announce third quarter 2015 revenue of $95.2 million, our first quarter reflecting a full-quarter of contribution from the acquisition of Entropic Communications. The third quarter revenue represents an increase of 34 percent sequentially, which was slightly above the... More