Needham & Company Raises PT Following MaxLinear's (MXL) Positive 4Q Pre-Announcement

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MaxLinear (MXL) Guides Q4 & Q1 Revenue Above Street Estimates

January 6, 2016 9:03 AM EST

MaxLinear Inc. (NYSE: MXL), 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.

(Streets sees Q4 revenue of $97.3 million and Q1 revenue of... More