MaxLinear, Inc. Announces Fourth Quarter 2016 Financial Results and the Acquisition of Marvell's G.hn Business
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MaxLinear (MXL) PT Raised to $29 at Needham & Company
February 9, 2017 9:07 AM ESTNeedham & Company analyst N. Quinn Bolton reiterates Buy rating and raises price target on MaxLinear Inc. (NYSE: MXL) to $29 (from $26), as 2016 fourth results and 2017 first quarter revenue figures matched estimates, while the company reaffirmed its outlook for the Infrastructure business.
Bolton comments,... More
MaxLinear (MXL) Tops Q4 EPS by 3c, Offers Q1 Guidance
February 8, 2017 4:40 PM ESTMaxLinear (NYSE: MXL) reported Q4 EPS of $0.38, $0.03 better than the analyst estimate of $0.35. Revenue for the quarter came in at $87.1 million versus the consensus estimate of $85.9 million.
GUIDANCE:
MaxLinear sees Q1 2017 revenue of $86-90 million, versus the consensus of $88.6... More
