MaxLinear, Inc. Announces Third Quarter 2021 Financial Results
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MaxLinear (MXL) PT Raised to $60 at Stifel
October 28, 2021 7:32 AM EDTStifel analyst Tore Svanberg raised the price target on MaxLinear (NYSE: MXL) to $60.00 (from $55.00) while maintaining a Buy rating. The analyst highlighted:
Delivers impressive Sep Q beat, w/ $229.8mn revs +$2.3mn above raised preannouncement, reflecting upside from Broadband (+12% q/q) and... MoreMaxLinear (MXL) Tops Q3 EPS by 13c
October 27, 2021 4:46 PM EDTMaxLinear (NYSE: MXL) reported Q3 EPS of $0.75, $0.13 better than the analyst estimate of $0.62. Revenue for the quarter came in at $229.8 million versus the consensus estimate of $219.67 million.
GUIDANCE:
MaxLinear sees Q4 2021 revenue of $240-250 million, versus the consensus of $228... More
