MaxLinear (MXL) Tops Q4 EPS by 3c, Offers Q1 Guidance

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MaxLinear, Inc. Announces Fourth Quarter 2016 Financial Results and the Acquisition of Marvell's G.hn Business

February 8, 2017 4:36 PM EST

Company Delivers Fourth Quarter 2016 Revenue of $87.1 Million,Operating Cash Flow of $27.6 Million and GAAP Diluted Earnings per Share of $0.12

CARLSBAD, Calif., Feb. 08, 2017 (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 fourth quarter ended December 31, 2016, and announced that it has signed a definitive agreement to acquire all of the stock in Marvells Spain entity,... More