MaxLinear (MXL) Tops Q4 EPS by 3c, Revenues Beat; 1Q Revenue Guidance Above Consensus
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MaxLinear, Inc. Announces Fourth Quarter 2020 Financial Results
February 3, 2021 4:05 PM ESTRecord net revenue of $194.7 million, up 24% sequentially and up 178% year-on-year Delivers strong results driven by continued strength from Broadband and Wi-Fi product contributions
CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear, Inc. (NYSE: MXL), a leading provider of RF, analog, digital and mixed-signal integrated circuits, today announced financial results for the fourth quarter ended December 31, 2020.
Fourth Quarter Financial Highlights
GAAP basis:
Net revenue was $194.7 million, up 24% sequentially, and up 178% year-on-year. GAAP gross margin was 42.7%, compared to 42.3% in... More