MaxLinear, Inc. Announces Third Quarter 2024 Financial Results
MaxLinear, Inc (MXL)
Last maxlinear, inc earnings: 4/29 04:05 pm
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Source: Business Wire
Net revenue of $81.1 million in Q3, GAAP gross margin of 54.4% and non-GAAP gross margin of 58.7% CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, today announced financial results for the third quarter ended September 30, 2024.Third Quarter Financial HighlightsGAAP basis:Net revenue was $81.1 million, down 12% sequentially and down 40% year-over-year.GAAP gross margin was 54.4%, compared to 54.6% in the prior quarter, and 54.6% in the year-ago quarter.GAAP operating expenses were $110.8 million in the third quarter 2024, or 137% of net revenue, compared to $91.0 million in the prior quarter, or 99% of net revenue, and $91.8 million in the year-ago quarter, or 68% of net revenue.GAAP loss from operations was 82% of net revenue, compared to loss from operations of 44% of net revenue in the prior quarter, and loss from operations of 13% of net revenue in the year-ago qua
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News
- MaxLinear, Inc. (NASDAQ: MXL) is now covered by analysts at Wells Fargo & Company. They set an "equal weight" rating and a $14.00 price target on the stock.MarketBeat
- MaxLinear, Inc. Announces Upcoming Financial Conference ParticipationBusiness Wire
- MaxLinear Announces New Employee Inducement GrantsBusiness Wire
- MaxLinear and Quanta Cloud Technology Unveil Accelerated Software Defined Storage Solution Optimized for AI and HPC Workloads at SC24 [Yahoo! Finance]Yahoo! Finance
- MaxLinear and Quanta Cloud Technology Unveil Accelerated Software Defined Storage Solution Optimized for AI and HPC Workloads at SC24Business Wire
MXL
Earnings
- 10/23/24 - Beat
MXL
Sec Filings
- 12/4/24 - Form 144
- 11/25/24 - Form 4
- 11/21/24 - Form 144
- MXL's page on the SEC website