MaxLinear, Inc. Announces Second Quarter 2016 Financial Results
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Needham & Company Reiterates Buy on MaxLinear (MXL) Following 2Q Report
August 9, 2016 8:43 AM EDTNeedham & Company reiterated a Buy rating and $21.00 price target on MaxLinear (NYSE: MXL) following the company's 2Q earnings report. MXL reported 2Q16 revenue and NG EPS of $101.7MM/$0.50, vs. consensus' $102.0MM/$0.44 estimates. 3Q16 revenue is expected to be $94-98MM, well below $104MM estimates.... More
MaxLinear (MXL) Tops Q2 EPS by 6c, Q3 Revenue Guidance Falls Short
August 8, 2016 4:31 PM EDTMaxLinear (NYSE: MXL) reported Q2 EPS of $0.50, $0.06 better than the analyst estimate of $0.44. Revenue for the quarter came in at $101.7 million versus the consensus estimate of $101.94 million.
GUIDANCE:
MaxLinear sees Q3 2016 revenue of $94-98 million, versus the consensus of $104.22... More
