MaxLinear, Inc. Announces Third Quarter 2016 Financial Results

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Needham & Company Reiterates Buy on MaxLinear (MXL) Following 3Q Beat

November 8, 2016 7:09 AM EST

Needham & Company reiterated a Buy rating on MaxLinear (NYSE: MXL), and raised the price target to $22.50 (from $21.00), following the company's 3Q earnings report. MXL reported revenue and Non-Gaap EPS of $96.3MM and $0.43, ahead of consensus estimates of $95.9MM and $0.40. Management guided 4Q revenue to $85-$89MM,... More

MaxLinear (MXL) Tops Q3 EPS by 3c

November 7, 2016 4:31 PM EST

MaxLinear (NYSE: MXL) reported Q3 EPS of $0.43, $0.03 better than the analyst estimate of $0.40. Revenue for the quarter came in at $96.3 million versus the consensus estimate of $95.89 million.

GUIDANCE:

MaxLinear sees Q4 2016 revenue of $85-89 million, versus the consensus of $88.2... More