MaxLinear (MXL) Tops Q3 EPS by 1c

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MaxLinear, Inc. Announces Third Quarter 2022 Financial Results

October 25, 2022 4:05 PM EDT

Record net revenue of $285.7 million, up 2% sequentially and up 24% year-over-year Record GAAP gross profit of $167.5 million and non-GAAP gross profit of $177.1 million, with GAAP gross margin of 58.6% and non-GAAP gross margin of 62.0% Connectivity revenue, led by our Wi-Fi product offering, delivered $83 million, up 46% sequentially and 118% YoY

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... More