MaxLinear, Inc. Announces Fourth Quarter 2021 Financial Results

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MaxLinear (MXL) PT Raised to $80 at Needham & Company

February 3, 2022 7:45 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on MaxLinear (NASDAQ: MXL) to $80.00 (from $67.00) while maintaining a Buy rating.

The analyst commented, "Maxlinear reported 4Q21 revenue and NG GM toward the high-end of guidance, while delivering guidance for 1Q22 that was well... More

MaxLinear (MXL) Tops Q4 EPS by 2c

February 2, 2022 4:12 PM EST

MaxLinear (NASDAQ: MXL) reported Q4 EPS of $0.86, $0.02 better than the analyst estimate of $0.84. Revenue for the quarter came in at $247.9 million versus the consensus estimate of $244.74 million.

GUIDANCE:

MaxLinear sees Q1 2022 revenue of $255-265 million, versus the consensus of $241.2... More