MaxLinear, Inc. Announces Fourth Quarter 2020 Financial Results

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MaxLinear (MXL) Tops Q4 EPS by 3c, Revenues Beat; 1Q Revenue Guidance Above Consensus

February 3, 2021 4:29 PM EST

MaxLinear (NYSE: MXL) reported Q4 EPS of $0.39, $0.03 better than the analyst estimate of $0.36. Revenue for the quarter came in at $194.7 million versus the consensus estimate of $190.34 million.

Non-GAAP basis:

Non-GAAP gross margin was 57.8%. This compares to 58.0% in the prior quarter, and 64.6% in the year-ago quarter.Non-GAAP operating expenses were $75.8 million, or 39% of revenue, compared to $61.1 million or 39% of revenue in the prior quarter, and $30.0 million or 43% of revenue in the year-ago... More