Chardan Capital Markets Upgrades MaxLinear (MXL) to Buy

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Go back to Chardan Capital Markets Upgrades MaxLinear (MXL) to Buy

MaxLinear, Inc. Announces Revised Guidance Reflecting Entropic Acquisition Contribution

June 8, 2015 4:05 PM EDT

CARLSBAD, Calif., June 8, 2015 (GLOBE NEWSWIRE) -- MaxLinear, Inc. (NYSE: MXL), a provider of integrated, radio-frequency (RF) and mixed-signal integrated circuits for broadband communication and data center, metro, and long-haul transport network applications, today announced guidance for the second quarter 2015 and for the second half 2015.

MaxLinear provides revised second quarter 2015 guidance, which includes May and June post-acquisition contribution from Entropic Communications

Revenue is expected to be between $68 million and $72 million for the second quarter 2015.

GAAP and non-GAAP gross margin in the second quarter 2015 are... More