MaxLinear (MXL) Tops Q4 EPS by 1c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus
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MaxLinear, Inc. Announces Fourth Quarter 2018 Financial Results
February 5, 2019 4:05 PM ESTFourth Quarter 2018 Net Revenue of $87.6 million
CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear, Inc. (NYSE: MXL), a leading provider of RF, analog and mixed-signal integrated circuits for the connected home, and industrial and multi-market applications, today announced financial results for the fourth quarter ended December31, 2018.
Fourth Quarter Financial Highlights
GAAP basis:
Net revenue was $87.6 million, up 3% sequentially, and down 23% year-on-year. GAAP gross margin was 52.4%, compared to 51.6% in the prior quarter, and 45.8% in the year-ago quarter.... More