MaxLinear (MXL) Guides Q4 & Q1 Revenue Above Street Estimates
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MaxLinear Announces Preliminary Fourth Quarter 2015 Revenue Above Previous Guidance Midpoint, and Provides Preliminary First Quarter 2016 Revenue Outlook
January 6, 2016 8:58 AM ESTCARLSBAD, Calif., Jan. 06, 2016 (GLOBE NEWSWIRE) -- MaxLinear Inc. (NYSE: MXL), a leading provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks, today provided preliminary fourth quarter 2015 revenue results and first quarter 2016 revenue guidance.
MaxLinear currently anticipates revenue for the quarter ending December 31, 2015 to be approximately $99 million, compared to prior guidance of between $95 million and $100 million. MaxLinear also expects revenue in the first quarter of 2016 to be flat to up 5%, or $99 million to $104 million.
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