Needham & Company Upgrades MaxLinear (MXL) to Buy

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MaxLinear (MXL) Boosts Q3 Revenue Outlook, Trims Operating Expenses Expectations

September 16, 2015 9:14 AM UTC

MaxLinear (NYSE: MXL) y revised its financial outlook for the third quarter 2015.

MaxLinear currently anticipates revenue for the quarter ending September 30, 2015 to be approximately $95 million, compared to prior guidance of between $90 million and $94 million. MaxLinear also announced that it expects GAAP and non-GAAP gross margin for the third quarter 2015 to be approximately 53... More