MaxLinear (MXL) Tops Q2 EPS by 3c; Guides Q3 Revs Below Views

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Go back to MaxLinear (MXL) Tops Q2 EPS by 3c; Guides Q3 Revs Below Views

MaxLinear, Inc. Announces Second Quarter 2018 Financial Results

August 7, 2018 4:06 PM EDT

CARLSBAD, Calif., Aug. 07, 2018 (GLOBE NEWSWIRE) -- MaxLinear, Inc. (NYSE: MXL), a leading provider of radio-frequency, mixed-signal and high-performance analog integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multi-market applications, today announced financial results for the second quarter ended June 30, 2018.

Management Commentary

In the second quarter of 2018, we delivered net revenue of $101.5 million, highlighted by strong GAAP and non-GAAP gross margins of 55.5% and 64.6%, respectively. Our GAAP loss from operations of 0% of revenue and non-GAAP income from operations of 28% of revenue underscore our strong execution... More