MaxLinear (MXL) Tops Q3 EPS by 3c
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Needham & Company Reiterates Buy on MaxLinear (MXL) Following 3Q Beat
November 8, 2016 7:09 AM ESTNeedham & 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
