MaxLinear (MXL) Reports In-Line Q4 EPS

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Go back to MaxLinear (MXL) Reports In-Line Q4 EPS

MaxLinear, Inc. Announces Fourth Quarter 2019 Financial Results

February 5, 2020 4:05 PM EST

CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear, Inc. (NYSE: MXL), a leading provider of RF, analog and mixed-signal integrated circuits for the connected home, and industrial and multi-market applications, today announced financial results for the fourth quarter ended December 31, 2019.

Fourth Quarter Financial Highlights

GAAP basis:

Net revenue was $70.0 million, down 12% sequentially, and down 20% year-on-year. GAAP gross margin was 52.3%, compared to 52.4% in the prior quarter, and 52.4% in the year-ago quarter. GAAP operating expenses were $44.6 million in... More