MaxLinear (MXL) Tops Q1 EPS by 5c
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MaxLinear, Inc. Announces First Quarter 2021 Financial Results
April 28, 2021 4:05 PM EDTRecord net revenue of $209.4 million, up 8% sequentially and up 238% year-on-year Delivers strong results driven by Infrastructure and Broadband product revenues
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 first quarter ended March 31, 2021.
First Quarter Financial Highlights
GAAP basis:
Net revenue was $209.4 million, up 8% sequentially, and up 238% year-on-year. GAAP gross margin was 53.4%, compared to 42.7% in the prior... More