MaxLinear, Inc. Announces Fourth Quarter 2018 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
MaxLinear (MXL) PT Raised to $24 at Needham & Company
February 6, 2019 8:03 AM ESTNeedham & Company analyst N. Quinn Bolton raised the price target on MaxLinear (NYSE: MXL) to $24.00 (from $20.00) while maintaining a Buy rating.
Bolton commented, "MXL reported solid 4Q18 results and issued 1Q19 revenue guidance in-line with our revised estimates following CES.... More
MaxLinear (MXL) Tops Q4 EPS by 1c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus
February 5, 2019 4:40 PM ESTMaxLinear (NYSE: MXL) reported Q4 EPS of $0.20, $0.01 better than the analyst estimate of $0.19. Revenue for the quarter came in at $87.6 million versus the consensus estimate of $87.03 million.
Non-GAAP basis:
Non-GAAP gross margin was 62.7%. This compares to 62.5% in the prior quarter, and 62.0% in the year-ago quarter.Non-GAAP operating expenses were $36.7 million, or 42% of revenue, compared to $35.6 million or 42% of revenue in the prior quarter, and $38.3 million or 34% of revenue in the year-ago quarter.Non-GAAP income from operations was 21% of revenue, compared to 21% in the prior quarter, and 28% in the year-ago... More