MaxLinear (MXL) Tops Q1 EPS by 9c
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MaxLinear, Inc. Announces First Quarter 2022 Financial Results
April 27, 2022 4:05 PM EDTRecord net revenue of $263.9 million, up 6% sequentially and up 26% year-over-year GAAP gross margin 58.6% and non-GAAP gross margin 62.8%, up 140 bps and 110 bps from previous quarter, respectively
CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear, Inc. (NASDAQ: MXL), a leading provider of RF, analog, digital and mixed-signal integrated circuits, today announced financial results for the first quarter ended March 31, 2022.
First Quarter Financial Highlights
GAAP basis:
Net revenue was $263.9 million, up 6% sequentially and up 26% year-over-year. GAAP... More