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UPDATE: Benchmark Assumes MaxLinear (MXL) at Buy

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MaxLinear, Inc. Announces Second Quarter 2021 Financial Results

July 28, 2021 4:05 PM EDT

Net revenue of $205.4 million, up 215% year-on-year GAAP gross margin 54.8%, up 140 bps from previous quarter Non-GAAP Gross Margin of 60.2%, up 160 bps from previous quarter, above the high-end guidance Strong Sales growth expected to continue into Q3 across all end-markets

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 second quarter ended June 30, 2021.

Second Quarter Financial Highlights

GAAP... More