MaxLinear (MXL) Tops Q3 EPS by 13c
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MaxLinear, Inc. Announces Third Quarter 2021 Financial Results
October 27, 2021 4:05 PM EDTRecord net revenue of $229.8 million, up 12% sequentially and up 47% year-over-year GAAP gross margin 56.5% and non-GAAP gross margin 61.3%, up 170 bps and 110 bps from previous quarter, respectively
CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear, Inc. (NYSE: MXL), a leading provider of RF, analog, digital and mixed-signal integrated circuits, today announced financial results for the third quarter ended September 30, 2021.
Third Quarter Financial Highlights
GAAP basis:
Net revenue was $229.8 million, up 12% sequentially and up 47% year-over-year. GAAP gross margin... More