MaxLinear (MXL) Tops Q2 EPS by 3c; Guides Q3 Revs Below Views
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MaxLinear, Inc. Announces Second Quarter 2018 Financial Results
August 7, 2018 4:06 PM EDTCARLSBAD, Calif., Aug. 07, 2018 (GLOBE NEWSWIRE) -- MaxLinear, Inc. (NYSE: MXL), a leading provider of radio-frequency, mixed-signal and high-performance analog integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multi-market applications, today announced financial results for the second quarter ended June 30, 2018.
Management Commentary
In the second quarter of 2018, we delivered net revenue of $101.5 million, highlighted by strong GAAP and non-GAAP gross margins of 55.5% and 64.6%, respectively. Our GAAP loss from operations of 0% of revenue and non-GAAP income from operations of 28% of revenue underscore our strong execution... More
