Welcome to our dedicated page for Maxlinear news (Ticker: MXL), a resource for investors and traders seeking the latest updates and insights on Maxlinear stock.
MaxLinear Inc (MXL) is a leading innovator in radio frequency and mixed-signal integrated circuits powering broadband communications infrastructure. This dedicated news hub provides investors and industry professionals with centralized access to official corporate announcements and market developments.
Track all essential updates through verified press releases including quarterly earnings disclosures, product launch details, strategic partnership announcements, and technology breakthroughs. Our curated feed ensures timely access to information impacting MXL's position in semiconductor markets and connectivity solutions.
Key coverage areas include innovations in cable/satellite broadband systems, data center connectivity chipsets, and RF advancements for next-generation networks. Bookmark this page for efficient monitoring of regulatory filings, executive leadership updates, and patent developments critical to understanding MaxLinear's market trajectory.
For stakeholders requiring authoritative information on MXL's technical milestones and corporate strategy, this resource eliminates fragmented searching across multiple platforms. Return regularly for structured updates presented with clarity for both engineering experts and investment analysts.
MaxLinear (MXL) and DustPhotonics have partnered to showcase a groundbreaking silicon photonics chipset capable of directly driving transceivers without external drivers, enhancing performance for 400G and 800G applications. The integrated solution reduces costs and power dissipation while facilitating a single laser for four channels. MaxLinear's Keystone DSP, manufactured on a 5nm process, supports high-speed operations with sub-7W power consumption. This collaboration positions both companies for significant growth in the optical transceiver market as demand continues to expand.
MaxLinear, Inc. (NASDAQ: MXL) has announced participation in several financial conferences in Q3 2022. Key events include the Oppenheimer 25th Annual Technology, Internet, and Communications Conference on August 9, the 3rd Annual Needham Virtual Semiconductor and SemiCap 1x1 Conference on August 24, the Deutsche Bank Tech Conference on August 31 in Las Vegas, and the Wells Fargo Leveraged Finance Conference on September 8 in Nashville. This engagement could provide insights into MaxLinear's strategic direction and business performance during these sessions.
MaxLinear Inc. (NASDAQ: MXL) announced its new Panther III storage accelerator, featuring ultra-low latency, 200Gbps throughput, 12:1 data reduction, and enhanced security for enterprise and hyperscale data centers. The product utilizes a 16nm DPU architecture, catering to the growing demand for efficient data access amidst rising storage needs. Panther III aims to optimize storage performance while reducing CAPEX. It is showcased at the Flash Memory Summit in Santa Clara, CA, from August 2-4. MaxLinear expects this launch to address critical market needs as NVMe SSD deployments rise.
MaxLinear, Inc. (Nasdaq: MXL) reported record net revenue of $280.0 million for Q2 2022, reflecting a 6% sequential and 36% year-over-year increase. The GAAP gross margin was 58.7%, slightly up from the previous quarter, while non-GAAP gross margin stood at 62.3%. Operating expenses rose to $125.3 million, or 45% of net revenue. GAAP diluted EPS was $0.40, a decrease from $0.42 in Q1 2022. The company anticipates Q3 revenue between $280 million to $290 million with a gross margin of 57.5% to 60.5%.
MaxLinear, Inc. (NASDAQ: MXL) will announce its second-quarter 2022 financial results on July 27, 2022, after market close. A conference call will follow at 1:30 p.m. PT (4:30 p.m. ET). The call will be hosted by CEO Kishore Seendripu and CFO Steve Litchfield. MaxLinear specializes in RF, analog, digital, and mixed-signal integrated circuits for various applications including connectivity and infrastructure solutions. For further details, visit www.maxlinear.com.
MaxLinear, Inc. (NASDAQ: MXL) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding its acquisition of Silicon Motion Technology Corporation (NASDAQ: SIMO). The deal involves a cash and stock transaction where shareholders of Silicon Motion will receive $93.54 in cash and 0.388 shares of MaxLinear common stock for each American Depositary Share, with equivalent amounts for ordinary shares. The waiting period ended on June 27, 2022, but final closing depends on customary conditions including shareholder approval and regulatory clearance in China.
MaxLinear (NASDAQ: MXL) has announced the development of its next-generation modem, the MxL852xx, in collaboration with Aviat Networks (NASDAQ: AVNW). This integrated System on Chip (SoC) aims to enhance wireless transport networks by offering greater capacity, superior reach, and the lowest total cost of ownership. The wireless transmission market is projected to reach $17.2 billion from 2022 to 2026, driven by the ongoing 5G deployment. The MxL852xx integrates multiple functionalities, including multicore modem implementation and enhanced IP traffic management.
MaxLinear (MXL) and Qorvo (QRVO) have unveiled a joint solution targeting size, weight, and power issues in massive MIMO radios. This innovative approach combines Qorvo's GaN amplifiers and MaxLinear's MaxLIN technology, achieving a power efficiency of 55.14% with reduced power consumption. The companies emphasize this solution's potential to streamline the design and deployment of energy-efficient radio systems. The market for massive MIMO is projected to grow significantly, from $1.09 billion in 2019 to $15.79 billion by 2027, driven by increased demand for robust wireless infrastructure.
MaxLinear, Inc. (NASDAQ: MXL) announced its participation in several financial conferences in Q2 2022, highlighting its commitment to engaging with investors. Key events include the J.P. Morgan Global Technology, Media and Communications Conference in Boston on May 24, where MaxLinear's presentation is scheduled for 2:10 PM ET, and the virtual Craig-Hallum Institutional Investor Conference on June 1. Additionally, they will present at the Loop Capital Markets Conference on June 2 and the Stifel Cross Sector Insight Conference in Boston on June 7.
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