MaxLinear (MXL) Tops Q1 EPS by 2c

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MaxLinear, Inc. Announces First Quarter 2016 Financial Results and the Acquisition of Broadcom Corporation's Wireless Infrastructure Backhaul Business

May 9, 2016 4:07 PM EDT

First Quarter 2016 Revenue Increases 190 Percent Year-over-Year to $102.7 Million

First Quarter 2016 Net Income Increases 505 Percent Year-over-Year to $19.1 Million

Company Delivers First Quarter 2016 GAAP diluted earnings per share of $0.29

CARLSBAD, Calif., May 09, 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, data center, metro, long-haul fiber networks, and wireless infrastructure today announced financial results for the first quarter ended March 31, 2016, and announced that it has signed a... More